For many, a move coincides with a huge life event — relocating when a marriage begins or ends, upsizing to make room for a new baby or downsizing when kids move out. But for an uber-rich set of buyers in Manhattan, it comes down to shininess. Over the past few months, serial buyers with deep pockets have swapped “older” condos for new ones. They’ve traded Central Park West for Park Avenue; limestone for a glass […]
source https://therealdeal.com/2019/09/05/serial-buyers-trade-old-condos-for-new-on-billionaires-row/
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