In the aftermath of much well-heeled panic about a potential mass exodus of New York millionaires and billionaires following the election of Zohran Mamdani, the contrary is already happening, and Manhattan luxury apartment buyers are voting with their wallets.
Signed contracts for Manhattan homes costing $4 million or more rose to 176 in November, a 25% increase from October’s 141 deals, according to fresh data from brokerage Douglas Elliman and appraiser Miller Samuel. New signed contracts of more than $4 million increased at more than twice the rate of the overall market, the report noted.
They don’t want to be big fish in small ponds, they want to be big fish in big ponds, hence why Indianopolis or Cincinnati or whatever other big but not NYC big towns didn’t see billionaires rushing in.
It would’ve been hilarious if they rushed to Cincinnati
NYC billionaires traditionally love chili on spaghetti.
Don’t knock it until you try it. It’s one of the few meat foods I kinda miss.
Elon Musk and Tesla had already proven that wealthy glorified welfare recipients cause no harm when they leave a state.