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HomeReal EstateSome Ultrarich New Yorkers Are Still Renters. We Asked Why.

Some Ultrarich New Yorkers Are Still Renters. We Asked Why.

Some Ultrarich New Yorkers Are Still Renters. We Asked Why.

By: Matthew Sedacca | Published: 2025-06-20 13:00:00 | Source: www.curbed.com

A triplex on Leonard Street, as seen in this listing photo, was rented for $150,000 a month to an ultra-high-net-worth couple who wanted to “try out” the city before buying.
Photo: SERHANT

Lurid details abound in the Nolita crypto-kidnapping case: allegations of chainsaw torture and forced crack use. Night-vision goggles and ballistic helmets recovered from the scene. The presence of two butlers, apparently. Also, the Prince Street townhouse where all of this is alleged to have taken place was a $30,000-a-month rental. It was a particularly gruesome look into a market we don’t know much about: ultra-high-end rental…

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