LX COLLECTION

Prime Real Estate Booms Worldwide; Buyers Seek Understated Opulence

December 30, 2020

Trophy Properties Sell Close to Ask (and With Additional Condos, Too)

The year saw a handful of monumental sales that achieved major price points, like the penthouses of New York’s The Benson, which sold for the full $35 million asking price, and Miami’s Arte Surfside, which sold for $33 million in a cash deal. Buyers also chose to create their own trophy properties by purchasing contiguous condos.