Behind the preserved historical facades, the ultra-rich are buying up adjacent townhomes in the West Village and Upper East Side, combining them into a megamansion. It's part of a broader trend of small multifamily buildings being turned into single-family homes. www.bloomberg.com/graphics/202...
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bloomberg.comThe Rise of the Manhattan Mega-MansionIn the West Village and other historic neighborhoods, buyers are consolidating apartments and combining townhomes, a sign of New York’s allure to the ultra-rich.
In the West Village, one out of every six small multifamily buildings has been turned into a single-family home since 2004. Citywide, more than 9,600 units have been eliminated as part of this trend.
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