
Serj Markarian
Licensed Associate Real Estate Broker at Brown Harris Stevens, specializing in Manhattan luxury real estate.
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Aug 13, 2026
Younger Affluent Buyers are Reshaping the Luxury Market
16:25
16:31
16:57
48:45

Serj MarkarianGUEST
But one thing about the buildings, whether it's changing, um, you said damaging the neighborhood.

Serj MarkarianGUEST
One thing I learned many years ago, and correct me if I'm wrong, is that when it comes to fashion and trend and everything else, and real estate is also a trend, right, is that it feels like, it feels like the marketing comes from the developers and fashion, um, executives, that they, that they impose their trend on people, but it's generally the other way around.

Serj MarkarianGUEST
They kind of listen to what the community wants, and they provide it to them in a different way.
32 MINS LATER

Serj MarkarianGUEST
The young affluent or even non-affluent buyers are the new generation buying, and in a few years they're gonna be selling.
