New York City Elites Seek 'Old World' Luxury in Hudson Valley Estates
New York City's affluent residents are increasingly looking towards the Hudson Valley for luxurious estates that offer more space and a sense of community. The area, particularly in Dutchess and Orange Counties, is seeing a rise in high-end real estate listings, with the top 10% of properties starting at $1,295,000. This trend is highlighted in a report by Realtor.com, which notes a 6.7% increase in million-dollar listings in the region. Tuxedo Park, a historic gated community, is a notable destination for these buyers, offering a blend of historic charm and modern amenities. The area is attracting not only retirees but also younger families drawn by the prestigious Tuxedo Park School. The community's appeal lies in its historic homes, scenic landscapes, and a strong sense of community, despite its lack of walkability.