Manhattan is a superb borough, one that always comes out on top no matter how negative a trial or tribulation it’s faced with. And as far as the economy and the housing market goes, things are no different, the area staying afloat while others around are unfortunately still struggling.
And proof of just how well Manhattan’s high-end real estate market is doing is clearly seen with the recent announcement of the Helmsley Carlton House, now up for sale. The 160-unit hotel and apartment building located at 680 Madison Ave. previously offered both short and long-term stays in an incredibly luxurious setting. Darcy Stacom, a vice chairperson for CB Richard Ellis has been appointed to handle the auctioning off of the magnificent building. Over 100 buyers have already showed interest in purchasing the property, proving that high-end real estate is back on the marvelous rise. Now that’s something to celebrate!