Top entertainment publication The Hollywood Reporter recently published a list of "New York’s Top 15 Real Estate Agents," all of whom have achieved success with A-list celebrities amid the city's post-COVID-19 market rebound.
Among those recognized were top NYC Brokers John Burger and Paula Del Nunzio, who offered their expert insight to the publication on the future of NYC real estate as demand continues to surge.
"When Bette Midler unloaded her Upper East Side penthouse for a cool $45 million and the Nasser family (who made their fortune in textile manufacturing) sold their Fifth Avenue co-op for $35 million this year, Brown Harris Stevens’ John Burger was behind both deals. Burger also has repped Jeff Bezos on numerous deals. His current listings include a $32.25 million Fifth Avenue apartment that was the longtime home of jeweler Harry Winston and a $60 million Upper East Side duplex said to be owned by Princess Firyal of Jordan." -- Virginia K. Smith, The Hollywood Reporter
In the article, Burger spoke to the "renaissance" of both the Upper East Side and Central Park West markets. "Central Park is the crown jewel of New York, and people have started to embrace it more than ever. For many people it was their only opportunity to be outdoors and socially distanced during COVID," he said.
"Over the course of her 25-year career, Brown Harris Stevens’ Paula Del Nunzio has developed a specialty for ultra-high-end townhouses, working with marquee names including Jessica Chastain. Currently, she holds the listing for a $52 million Upper East Side townhouse owned by the American Irish Historical Society as well as a $14.5 million townhouse that Gwyneth Paltrow lived in as a child that is now in contract. Earlier this year, she sold billionaire Vincent Viola’s 20,000-square-foot Upper East Side mansion for a whopping $60 million." -- Virginia K. Smith, The Hollywood Reporter
Del Nunzio provided insight on the resilience of the luxury market in New York City and attributed it to the city's continued global appeal. “The interesting thing about the luxury market is that it seems to prevail no matter what else is happening because there are a certain number of people who will always want to be in New York,” she said. “They may have homes in many other places and countries, but they still always want something in New York.”