JUNE 2026 | APRÈS INTEL

Elena Ash

Tracking luxury real estate & wealth creation

Where smart money continues to buy luxury

Luxury real estate continues to outperform as discerning buyers compete for trophy properties and premier new developments across Manhattan. AI wealth creation, resilient equity markets, and New York's defining cultural summer are channeling capital into the city's most exceptional addresses.

$80M80 Clarkson penthouse sale
July 1Pied-à-Terre Tax effective
8Transactions this period
2026NYC's main-character summer

Market intelligence

The backdrop remains compelling

Recent headlines tell the story: the $80 million penthouse sale at 80 Clarkson, continued momentum at One High Line, and enduring demand for legacy residences at 730 Park Avenue and iconic addresses such as the Flatiron Building. In a market where scarcity matters, exceptional properties continue to command exceptional attention.

Why is NYC luxury demand still strong in 2026?

AI innovation is creating unprecedented wealth, companies like SpaceX continue to redefine value creation, equity markets remain resilient, and the prospect of more stable energy prices is supporting confidence among high-net-worth investors. Capital is being created at remarkable speed and much of it is finding its way into New York real estate.

How is New York's cultural moment affecting real estate?

New York is having a main-character summer. The Knicks are NBA Champions. The World Cup is taking over Manhattan. America is gearing up for its 250th birthday celebration. The city feels electric, and when New York is winning, everyone wants to be a part of the excitement — including buyers who might otherwise have hesitated.

How will the Pied-à-Terre Tax affect buyers?

The Pied-à-Terre Tax takes effect on July 1, 2026. Thus far, demand remains healthy and transaction velocity continues across trophy properties, premier new developments, and luxury residences throughout the city. We are watching closely to see whether it changes buyer behavior in the months ahead.

Deal of the summer

One High Line

Where the world's wealth wants to live. One High Line represents the convergence of architectural ambition, design excellence, and location — a development that continues to set the standard for what Manhattan luxury can be.

500 West 18th Street, New York NY 10011

500 West 18th Street
One High Line
Developer
Witkoff & Access Industries
Architect
Bjarke Ingels Group
Interior Design — East
Gilles et Boissier
Interior Design — West
Gabellini Sheppard Associates
Marketing
Corcoran Sunshine Marketing Group
Built · Units · Stories
2022 · 236 units · 36 stories

Recent wins

Our recent transactions

Contract signed

416 West 20th Street
$9,995,000

Contract signed

252 East 57th Street #60A
$9,800,000

Closed

500 West 18th Street #E15G
$4,500,000

Contract signed

45 Sutton Place #PHI
$2,200,000

Contract signed

131 East 66th Street #8EF/9EF
$1,900,000

Contract signed

137 East 36th Street #21F
$1,350,000

Contract signed

160 Imlay Street #3B3
$995,000

Closed

4 Lexington Avenue #8J
$458,000

Après exclusive listings

Current portfolio

$11,800,000
111 West 67th Street #28DEF
5 beds · 5 baths · 4,500 SF

Exclusive

$8,500,000
390 West End Avenue #11C
4 beds · 4 baths · 3,100 SF

Exclusive

$7,950,000
217 West 57th Street, 34F
2 beds · 2.5 baths · 2,114 SF

Exclusive

$3,495,000
138 East 50th Street #40B
2 beds · 2.5 baths · 1,467 SF

Exclusive

$6,000,000
157 West 57th Street #50B
2 beds · 2.5 baths · 2,009 SF

Exclusive

$4,500,000
35 Hudson Yards #5805
2 beds · 2.5 baths · 1,492 SF

Exclusive

$3,330,000
685 5th Avenue #6B
1 bed · 1 bath · 742 SF

Exclusive

$3,175,000
500 West 18th Street #East-20C
1 bed · 1.5 baths · 1,069 SF

Exclusive

$995,000
350 West 42nd Street #27K
1 bed · 1 bath

Exclusive

$950,000
313 West 119th Street #4E
2 beds · 2 baths · 970 SF

Exclusive

Common questions

What buyers are asking

What is the Pied-à-Terre Tax and when does it take effect?

The Pied-à-Terre Tax is a new New York City surcharge on non-primary luxury residences, taking effect July 1, 2026. It targets buyers who use Manhattan properties as secondary or part-time homes. Demand among trophy property buyers remains healthy heading into the effective date, and transaction velocity has not materially slowed.

What is One High Line at 500 West 18th Street?

One High Line is a 36-story, 236-unit luxury residential development built in 2022 in Chelsea, Manhattan. It was developed by Witkoff and Access Industries and designed by Bjarke Ingels Group, with East Tower interiors by Gilles et Boissier and West Tower interiors by Gabellini Sheppard Associates.

Why is NYC luxury real estate demand strong in 2026?

Several macro forces are converging: AI innovation is creating unprecedented wealth, companies like SpaceX continue to redefine value creation, equity markets remain resilient, and energy prices are stabilizing. Culturally, New York is experiencing a high-profile summer — the Knicks are NBA Champions, the World Cup is in Manhattan, and America's 250th birthday is underway. Capital is being created at remarkable speed and much of it is flowing into New York real estate.

Is now a good time to buy luxury real estate in New York City?

Luxury real estate in New York City continues to outperform, with discerning buyers competing for trophy properties and premier new developments. Recent transactions include an $80 million penthouse at 80 Clarkson and continued momentum at One High Line and 730 Park Avenue. In a market where scarcity matters, exceptional properties continue to command exceptional attention.

Who is Après Global Team at Compass?

Après Global is a luxury real estate team at Compass, specializing in trophy properties, premier new developments, and legacy residences across Manhattan. They are based at 110 Fifth Avenue, Floor 6, and can be reached at 646-982-0353 or [email protected]. Their newsletter, Après Intel, tracks trends, transactions, and opportunities shaping luxury real estate and wealth creation in New York and beyond.

The Après way to June in NYC

Curated this month

Dining
Oyatte
125 East 39th Street

An under-the-radar Japanese tasting counter from an Atomix alum, offering a refined, quietly luxurious dining experience. Minimalist, precise, and already gaining traction among NYC's serious food crowd.

Dining
Selene
23 Grand Street

A coastal Greek newcomer bringing summer energy to SoHo — fresh seafood, bright Mediterranean flavors, and a design-forward space that feels straight out of the Aegean. Effortlessly chic and made for long, warm evenings.

Art
Guggenheim Pop: 1960 to Now
Solomon R. Guggenheim Museum · Opens June 5

An exhibition showing how Pop Art from the 1960s evolved into today's visual culture, from Warhol-era icons to contemporary interpretations. Essential viewing for any serious collector or art-market participant.

Art
Clinamen by Céleste Boursier-Mougenot
Park Avenue Armory

An immersive installation where floating porcelain bowls create ever-changing sounds through random movement — a poetic exploration of chance, rhythm, and attention. One of the most talked-about installations in recent New York memory.

Work With Elena

Elena takes pride in her profession providing clients with the highest level of privacy and discretion, great trust and loyalty, plus a vast knowledge of today’s global market conditions.

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