Manhattan's luxury housing market sees super-rich tenants renting high-end properties for $25K-$75K monthly due to pandemic-induced remote work and tax benefits.
Manhattan's luxury housing market sees super-rich tenants renting high-end properties for $25K-$75K monthly. Reasons include pandemic-induced remote work, tax benefits, and temporary living. Renting also offers networking opportunities on Billionaires' Row. Despite some damaging incidents, landlords face difficulties in recovering damages or stolen items due to tenants' legal resources.
May 12, 2024
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