Quote:
Originally Posted by dropdeaded209
it remains to be seen whether or not anybody winds up actually "living" in these vertical bank vaults
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The kind of people who buy these homes probably have at least three more, so, yeah, relatively few will be living year-round.
But they'll be used; Manhattan RE doesn't make much sense as a wealth shelter given the taxes, transparency rules and carrying costs. And I'm guessing most will be used as primary homes, as we see with older towers like 15 CPW.