Press

Realtors and brokers are reporting an uptick in luxury condominium buyer wellness expectations. So much so, property developers are creating purpose-built wellness spaces far grander than ever before to attract buyers in one of the world’s most competitive housing markets, New York City.

The metropolitan area typically has 6,000-8,000 single family housing units on the market at any given time according to multiple analysts. In addition, the city has reported having over 50,000 so-called ghost apartments, those whose operational or renovation costs exceed market considerations, that are not counted toward that number.