The outlook for the ultra-luxury residential real estate market in 2026 is cautiously optimistic. Fueled by inherited wealth, ultra-high-net-worth international buyers, and renewed confidence at the very top of the market, demand for trophy properties remains resilient—even as pricing expectations stretch further into nine-figure territory. Today, a $100-million-plus asking price is no longer an...

New York City’s Fifth Avenue has been shorthand for glamour and wealth since the 1800s, but the boulevard began with far less fanfare. When it was first cut through upper Manhattan, it carried the plain name “Middle Road,” running across a broad, largely undeveloped tract. That land—sold in 1785 to help raise municipal funds for the young nation—would later become the center of New York’s most...