# Sky High and Going Up Fast: Luxury Towers Take New York

By [Brandon Donnelly](https://brandondonnelly.com) · 2013-05-20

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A tower being built on Park Avenue is part of Manhattan’s booming ultraluxury construction business, a trend that is warping the real-estate market and driving up overall costs.

  
[Sky High and Going Up Fast: Luxury Towers Take New York](http://www.nytimes.com/2013/05/19/nyregion/boom-in-luxury-towers-is-warping-new-york-real-estate-market.html?smid=tu-share)

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*Originally published on [Brandon Donnelly](https://brandondonnelly.com/sky-high-and-going-up-fast-luxury-towers-take-new-york)*
