NYC luxury real estate surges, as Mamdani-era concerns fail to materialize in Q2 data
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New York City's luxury real estate market has seen a surge, with some outlets suggesting that concerns related to a certain era or individual have not had a negative impact. However, the impact of this era on the market is unclear, with some questioning the extent to which it has affected Manhattan luxury apartment sales. The city is also seeing new developments, including the groundbreaking of a major office tower.