Cash prevails as king when it comes to luxury

Luxury real estate agents can expect wealth strategy, “smart luxury,” move-up buyers, the ultra- and aspirationally-wealthy divide, and cash purchases to impact the market in the months ahead. Continue reading

What can we learn from the most expensive sale in the US?

David Friedman, co-founder of WealthQuotient, talks through the recent $238 million Central Park South Penthouse purchase by hedge fund magnate and founder of Citadel, Ken Griffin, and what we can learn about ultra-high-net-worth individuals. Continue reading