Can Our Richest Dodge the Climate-Change Bullet?

They think they can — and that thinking just may doom the rest of us. Articles March 29, 2025 So where do you see yourself living the rest of your life? The richest among us are keeping their options all open. On the one hand, our deepest pockets are buying up new super-luxury abodes as if the gravy trains that their lives have become will never stop running. On the other hand, our richest are running scared. Or, to be more accurate, our rich are descending scared — into fabulously luxurious underground bunkers. Should these behaviors leave the rest of us optimistic about what the future may bring? Or pessimistic? Our wealthiest need not choose one or the other. They can easily afford to cover all the bases, and, these days, they’re doing just that. The bases on the optimistic side — like Manhattan’s hottest new luxury condos — certainly don’t come cheap. The newest luxury lodgings now on sale in the Big Apple, gushes one just-published insider analysis, include a host of new units going for over $10 million each. “Outdoor living has become a given,” notes Mansion Global ’s Rebecca Bratburd, with developers emphasizing at every opportunity “landscaped rooftop spaces for entertaining and relaxation.” Consider 80 Clarkson, a still-under-construction high-end Manhattan enclave that luxury builders will be opening up next year right along the Hudson. This enclave’s two connected limestone towers — one 45 floors high, the other a mere 37 — will once complete be offering up some 112 luxury units, at prices ranging from $7 million each to over $60 million. Landscaped roof decks will top both of these towers, and the development’s “complex cubic form of stepped setbacks and pocketed terraces” will keep splashes of greenery outside nearly every unit’s window. This “transformative project,” […]

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