12/13/2025 at 12:20:49 AM
Unless these are new-construction luxury apartments (which the article doesn’t specify), no net migration is implied by a sale. Someone sold, someone bought. What a strange article.by didgeoridoo
12/13/2025 at 1:01:24 AM
The occupancy of apartments, especially luxury ones, cannot be assumed. The average number of people living in them also cannot be assumed to be constant.Of course the article doesn't mention statistics around either of these.
by killingtime74
12/13/2025 at 1:47:58 AM
There's an article about luxury apartments sitting empty. Condos of the living dead or something similar that gets passed around in the construction field around these parts.Notably prescient
by knollimar
12/13/2025 at 9:18:25 AM
Those that have other assets which are outperforming real estate can sometimes be the only ones who can actually afford some of the properties, which can change hands until they come to rest under such a situation.At which point they can afford to hold on to them through lean times in anticipation of future appreciation, and in that case it doesn't make much difference if there is anyone living there or not.
by fuzzfactor
12/13/2025 at 12:30:45 AM
If it’s true that both people and investment dollars are flowing into NYC, but investment dollars are flowing even faster than the people, that’s absolutely hilarious.by Uehreka
12/13/2025 at 9:51:12 AM
Packing bunk beds into apartments can easily allow mass migration into cities.Not that I would want to.
by egberts1
12/13/2025 at 3:52:14 AM
Feels like the article started with a conclusion and worked backwards to fulfill itby paradox460