Posted by Leonard Steinberg, president of URBAN COMPASS, on January 6th, 2015

Is 2015 going to be the year of the AMERICAN Oligarch? Rolls-Royce Motor Cars reported more car deliveries in 2014 than ever before in its 111-year history, marking the fifth consecutive annual sales record for the ultra-luxury brand, according to Bloomberg. The company sold more cars costing at least $238,000 in 2014 than any other manufacturer, and their top market was not Russia, China or the Middle East: it was the good old USA!

Till recently everyone in New York only spoke of the billionaire buyers from Russia and China, yet the world is revealing just how potent the American buyer remains. And their wealth is growing by leaps and bounds. We have been saying for years now that the vast majority of big-bucks buyers in Manhattan are American.