Bye-Bye, Billionaires' Row

Rising above Midtown, 520 Fifth Avenue offers sweeping views over a changing Manhattan #floorplanporn hashtags are flooding social media and Rosario Candela books are stacking up on coffee tables as Manhattan buyers turn from super-sleek new builds to historic co-ops. Is the age of condos coming to an end? By Michael Gross T he southern views from the 88th floor of 520 Fifth Avenue, on West 43rd Street, are divine. You face the Empire State Building’s spire and Manhattan’s tapering tip, jutting into New York Harbor, as well as the Statue of Liberty and beyond. But this new condominium features more than a godly cityscape. The 1,002-foot tower also offers a unique vantage point on Manhattan’s evolving real-estate market. No investment is a sure thing, and New York mayor Zohran Mamdani’s recent bid to raise taxes on billionaires—or on high-value homes, or both—is only the latest threat to local property values. But READ ON