NEW YORK — How to make a Manhattan home worth over 100 million dollars in one of the world’s wealthiest cities.
Top-of-the-line mansions are getting bigger, with many of them adding a luxury-hotel-style kitchen and dining room, a wine bar and spa, a swimming pool and even a rooftop pool.
New York City’s skyline is seen from one of New York City mansions in Manhattan.
As of Wednesday, there are more than 300 mansions on the market for sale in Manhattan, according to the real estate website Zillow.
Some are luxury mansions that are listed for as much as $2.8 million, with more than 70 percent being priced between $1 million and $2 million.
The city has had a surge in mansions since the end of the financial crisis, with the number of mansions growing by about 5,000 to about 8,000 per day.
But there is another side to mansions: many are priced out of reach for lower-income residents, especially the elderly.
“I don’t think there’s a rich guy or gal out there who doesn’t want to buy a mansions,” said David McInnis, owner of McInnes & Co. in Manhattan’s Chelsea neighborhood.
“But it’s difficult to make it work.
Mansions are a way of making a lifestyle work.
They allow you to have a home that’s comfortable, but it’s not so much a lifestyle as a place to live.”
The New York Daily News recently reported that there are at least 20,000 mansions listed in Manhattan alone, with about 5 percent of the listings in the city being priced above $100 million.
The article said some of the priciest properties have been sold for as little as $1.1 million.
Mansion sales have been brisk over the past two years.
In the first half of the year, the Manhattan market was valued at $1,639,000, according the Bloomberg Billionaires Index.
This year, sales have surpassed $1 billion, according data from Zillows.
And Manhattan has had some of its best sales in years.
The city’s luxury market has been boosted by the arrival of celebrities and high-end celebrities, such as Mariah Carey, Katy Perry and Rihanna, as well as hip-hop superstar Kanye West.
Meanwhile, the city’s upper-income population has grown rapidly in recent years, according a study by real estate firm Zillower.
The number of wealthy Manhattanites has more than doubled since 2006, when the city had about 2,500,000 residents, according Zillowers data.
There are about 9,700 properties listed on ZillOW for sale, with a median price of $1-2 million, according its data.