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

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.

Interesting reads

What we're reading

Alchemy layers wood, stone, and light into a ritual-driven wellness retreat in New York

Luxury wellness · Design · New York

Giorgio Armani's never-lived-in Manhattan apartment hits the market

Luxury listings · Celebrity real estate · Manhattan

Inside an I.M. Pei apartment with a world-class art collection

Architecture · Art collecting · Luxury interiors

Oysters, champagne and billionaires buying art

Art market · Wealth · Collecting

JUNE 2026 | APRÈS INTEL

MONTHLY NEWSLETTER

Thank You!

From My Blog

Manhattan Office-to-Residential Conversions: Nearly 3,000 New Units Coming to NYC

Will NYC's Pied-à-Terre Tax Lower Manhattan Prices? What the Data Shows

Sponsor Unit Pros and Cons: Condo vs. Co-op in NYC

Why Staging Sells: Elevating Luxury Properties in Manhattan

BUYING AN APARTMENT FOR YOUR CHILD IN NYC: WHAT PARENTS NEED TO KNOW

UES CO-OP BOARD APPROVAL EXPLAINED: STEP-BY-STEP GUIDE FOR BUYERS

How to Buy Your First Home in NYC: A 2026 Step-by-Step Guide

MANHATTAN NEW DEVELOPMENTS UNDER $2M

THE ADDRESS THAT STARTED IT ALL: WHAT JFK JR. AND CAROLYN BESSETTE KNEW ABOUT DOWN...

WHAT JACKIE KENNEDY ONASSIS UNDERSTOOD ABOUT THE UPPER EAST SIDE THAT STILL HOLDS ...

BEST UPPER EAST SIDE GALLERY EXHIBITIONS TO SEE IN MAY 2026

TRIBECA BY THE WATER: A DIFFERENT SIDE OF DOWNTOWN LIVING

JUNE 2026 | APRÈS INTEL

WHY MANHATTAN REAL ESTATE STILL DEFINES GLOBAL LUXURY LIVING

Why You Need a Real Estate Agent When Buying New Construction in NYC

Manhattan Real Estate Market 2026: What Buyers, Sellers, and Renters Need to Know

Should You Buy a Condo, Townhouse, or House in NYC?

HOW'S THE MANHATTAN MARKET? THE REAL ANSWER IS MORE INTERESTING THAN THE HEADLINES

WHAT EVERY SOHO LOFT BUYER NEEDS TO KNOW ABOUT THE A.I.R. LAW

SELLING YOUR NYC APARTMENT IN SPRING 2026

HOLIDAY GIFT SHOPPING IN NEW YORK CITY: OUR CURATED LIST

MANHATTAN’S 10 PRICIEST HOME SALES OF 2025: A GLIMPSE INTO LUXURY LIVING

THE UPPER EAST SIDE’S NEXT WAVE: KEY NEW DEVELOPMENTS TO WATCH

NAFTALI GROUP: CRAFTING LUXURY LIVING IN NEW YORK CITY

BEST INTERIOR DESIGNERS IN NEW YORK

THE CORNER STORE: A NEW & NOSTALGIC DINING EXPERIENCE IN SOHO

15 MOST EXCLUSIVE MEMBERSHIP CLUBS IN NYC

NEW YORK CITY’S MOST EXCLUSIVE PRIVATE MEMBER CLUBS

SHOULD YOU SELL YOUR CURRENT HOME BEFORE PURCHASING A NEW ONE?

THE BEST WELLNESS GETAWAYS FROM NYC

5 BREATHTAKING FALL HIKES NEAR NYC YOU CAN'T MISS THIS SEASON

A GUIDE TO TIPPING BUILDING STAFF: WHO, WHEN, WHY, AND HOW MUCH

FENG SHUI TIPS FOR A SUCCESSFUL YEAR OF THE DRAGON

DISCOVERING YOUR ESSENTIAL CRITERIA FOR LUXURY PROPERTY ACQUISITION

BARRY DILLER’S IAC PAYS $80M FOR WEST CHELSEA HQ

SELLING YOUR NYC APARTMENT IN FALL 2025

DESIGN ICONS: FOSTER + PARTNERS IN NEW YORK

BUYING AN APARTMENT IN NYC? HERE’S WHAT YOU NEED TO KNOW

SELLING LUXURY IN MANHATTAN: WHAT TODAY’S HIGH-END BUYERS ARE REALLY LOOKING FOR

RED HOOK, BROOKLYN: A WATERFRONT NEIGHBORHOOD WITH SOUL AND INVESTMENT POTENTIAL

HOW TO NAVIGATE CO-OP BOARDS IN MANHATTAN: A SURVIVAL GUIDE

THE 5 NEWEST BUILDINGS IN GREENWICH VILLAGE EVERYONE’S RUSHING TO BUY

FROM STALE TO SOLD: THE POWER OF STRATEGIC STAGING IN THE LUXURY MARKET

HOW MUCH SHOULD YOU RENOVATE YOUR NYC APARTMENT BEFORE SELLING?

DO THIS NOW IF YOU’RE SELLING IN NYC THIS SPRING

THOMAS JUUL-HANSEN: A VISIONARY DESIGNER TRANSFORMING NYC’S LUXURY REAL ESTATE

NYC RISES TO #2 ON THE WORLD'S BEST CITIES LIST FOR 2025: A TRIUMPH OF CULTURE AND...

WHY INVEST IN MANHATTAN REAL ESTATE?

THE CO-OP APPROVAL PROCESS UNCOVERED: A COMPLETE GUIDE

NYC BROKER FEE LEGISLATION: WHAT TENANTS AND LANDLORDS NEED TO KNOW

HOW TO IDENTIFY THE PERFECT INVESTMENT PROPERTY IN NEW YORK CITY?

STRENGTHEN YOUR OFFER USING YOUR MORTGAGE!

DUE DILIGENCE! WHAT TO EXPECT AFTER YOUR OFFER IS ACCEPTED?

EMBRACING SUSTAINABILITY: THE FUTURE OF GREEN HOMES IN REAL ESTATE

NYC PROPERTY HUNT: GO SOLO OR HIRE AN AGENT?

TOP 7 THANKSGIVING FEASTS | NYC 2023

REVOLUTIONIZING REAL ESTATE: EMBRACING CUTTING-EDGE TECHNOLOGIES

EMBRACING GREEN LIVING: SUSTAINABLE REAL ESTATE PRACTICES IN THE HEART OF NEW YORK...

Work With Elena

Follow Me On Instagram

Let's Connect

Submit a Message

Online Inquiry

Contact Details