Dossier
ultrawealthy
Coverage of ultrawealthy in the Nexus archive.
- Where can Seattle ultrawealthy store their toys? Condos
Seattle's ultrawealthy may soon have a venue near the Ballard Locks to display luxury cars and yachts. The article highlights condos as potential spaces for collectors to showcase their possessions.
- Mamdani, Hochul team up on second-home tax: What to know
New York Governor Kathy Hochul and New York City Mayor Zohran Mamdani have proposed a 'pied-à-terre tax' on second homes in NYC valued over $5 million to address the city’s budget deficit by targeting the ultrawealthy. The tax aims to generate revenue through an annual levy on luxury secondary residences.