Ultra-Luxury Real Estate in Manhattan and Miami
Advisory for buyers acquiring $10M+ properties across two of the world's most competitive luxury markets.
What Defines Ultra-Luxury Real Estate
Ultra-luxury real estate represents the highest tier of the global residential market — defined not by price alone, but by absolute scarcity, architectural distinction, branded provenance, and a buyer profile measured in nine figures of net worth.
Aman, Four Seasons, St. Regis, and Aston Martin have all expanded into residential development because brand affiliation delivers tangible value: professional management, hotel-level services, and a liquidity premium at resale.
Across both markets, roughly 70% of $10M+ purchases are completed in all-cash. These buyers are not rate-sensitive. They are seeking capital preservation, lifestyle access, and long-term legacy assets.
Why Manhattan and Miami
The wealth migration between New York and Miami is not a trend — it is a permanent structural shift. What started with Starwood Capital relocating from Greenwich in 2018 has become a full-scale reorientation of American capital: Citadel, Goldman Sachs, Blackstone, Microsoft, and the world's most prominent tech founders have all established major Miami presences.
For the ultra-wealthy, this creates a dual dynamic: maintain Manhattan for cultural and professional infrastructure while establishing Florida as a tax domicile. The result is unprecedented demand at the top of both markets simultaneously.
Trophy Assets and Legacy Capital
Manhattan remains the only market on earth where residential real estate consistently trades above $10,000 per square foot. The combination of Central Park views, architectural ambition, and global brand recognition makes Billionaires' Row properties unlike any other asset class.
Central Park Tower, 220 Central Park South, 432 Park Avenue, and Aman New York anchor a corridor that has redefined what “expensive” means in American real estate. Scarcity is structural: no new land, finite park-facing positions, and a resale market driven by legacy and institutional capital.
For ultra-high-net-worth buyers, Manhattan is not simply a lifestyle choice — it is a permanent component of a global real estate portfolio.
Waterfront, Tax Migration, and New Supply
Miami recorded 394 sales above $10 million in 2025 — a new record — including 54 transactions above $30 million and 17 above $50 million, surpassing New York and California for the first time at that tier.
Indian Creek Island, Star Island, and Fisher Island anchor the single-family trophy market. Surfside, Bal Harbour, and South Beach anchor the ultra-luxury condo tier. Brickell is emerging as the primary-residence choice for relocated Wall Street executives.
The current development pipeline — Aman Miami Beach, Mandarin Oriental Brickell, Four Seasons Coconut Grove, Rosewood South Beach — represents the last wave of pre-tariff construction pricing. Future projects will cost materially more to build.
The Brand as Asset Class
Hotel-branded condominiums command a 30–40% premium over comparable non-branded product, hold value more reliably through market cycles, and solve an operational problem for buyers splitting time between multiple residences.
Five-star concierge, valet, housekeeping, and building maintenance are handled — no household staff required. A $40 million Aman penthouse in New York requires no operational overhead. A $100 million Indian Creek compound requires all three.
Miami has more branded residences than any city in the Western Hemisphere, and New York's pipeline is accelerating to match.
| Brand | Market | Price/SF |
|---|---|---|
| Aman New York | Manhattan | $5,500–$8,000+ |
| Aman Miami Beach | Miami Beach | $5,000+ |
| Shore Club Private Collection | South Beach | $4,500–$11,000 |
| The Raleigh (Rosewood) | South Beach | $4,500–$8,000 |
| Four Seasons Coconut Grove | Coconut Grove | $3,300+ |
| Mandarin Oriental Brickell | Brickell | $2,800–$4,500 |
| St. Regis Brickell | Brickell | $3,000–$4,000 |
| Aston Martin Residences | Downtown Miami | $2,800–$4,500 |
Seamless Access for Global Buyers
We have helped clients in over 40 countries acquire properties across both markets. International buyers receive identical representation to domestic clients, with additional expertise in cross-border structuring and compliance.
Tax Structure Guidance
LLC, trust, or direct purchase — coordinated with your advisors for optimal acquisition structure.
Pre-Market Access
Developer relationships provide access to inventory before it is broadly marketed in both cities.
Dual-Market Expertise
Deep operational expertise in both Manhattan and Miami — ideal for buyers assembling dual-city portfolios.
SB 264 Compliance
Buyers from designated countries face Florida restrictions. We navigate these with experienced counsel.
Language & Cultural Fluency
Clients from Asia, Brazil, Europe, Latin America, and the Middle East — with counsel in preferred languages.
Buyer Fees
In most transactions, advisory fees are paid by the developer or seller, as negotiated.
Private Client Advisory
We work with a limited number of clients acquiring $10M+ properties across Manhattan and Miami. Pre-market access, strategic guidance, and discreet representation.
Begin a Private Conversation