Its transformation into full billionaire enclave is nearly complete.
For some time, the stretch of West 11th Street between 4th and Bleecker in Greenwich Village has been a magnet for the superrich. Homes on the “” — where Sarah Jessica Parker, Liv Tyler, Rupert Murdoch, and assorted billionaires have owned townhouses — sell for upwards of $30 million. But until recently, it still had a smattering of rental buildings for the merely wealthy: junior bankers and lesser trust funders whose budget hewed closer to.
Back in the early aughts, houses on the block traded for less than $5 million. Things started to shift in the early 2010s. Global wealth was pouring into Manhattan real estate, and people began buying up townhouses to renovate into massive. Several chose this length of West 11th — pretty, conveniently located, strewn with extra-wide townhouses, and out of the way of Carrie Bradshaw’s tourist trap of a brownstone one block over — for their gigantic new homes.
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