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  • Jul 07
    2015
    The World’s Top 10 Most Exclusive Streets
    Eighteen months after Billionaire.com compiled its first Top 10 Most Exclusive Streets list, many of the streets featured there have not registered a single housing transaction, such is the dearth of supply on these Bollinger boulevards. “A top property on one of the world’s most expensive streets may come to market only once in a generation,” says Yolande Barnes, head of residential research at Savills. “The owners of these homes are unlikely to need...
  • Jun 24
    2015
    $250 million sale at 220 Central Park South to a Qatari buyer will set the new world record
    A mysterious Qatari buyer is trying to combine several apartments at the luxurious 220 Central Park South into one magnificent penthouse valued at $250 million, according to The Real Deal’s sources. If the purchases were to be completed, this wealthy Qatari would own one of the most expensive homes in the world and the priciest by far in New York City. The exact units intended to be combined is unclear, and no comment was made by the representative of Corcoran Sunshine, which is ma...
  • May 20
    2015
    Want a Green Card? Invest in Real Estate
      Yi Lin and his wife, Molly Xi, in their new home in Manhattan. Under a federal program known as EB-5, they received green cards in exchange for their investment in a Miami real estate project. CreditSam Hodgson for The New York Times Like many of her fellow classmates at New York University, Yanchu Zhao has a busy schedule. A college junior, she has a double major in economics and journalism, and juggles classes, an internship and life with roommates in a rental near Herald Squar...
  • May 12
    2015
    Wealthy New Yorkers say goodbye to suburbs, hello to city
    Photo: Shutterstock Wealthy New Yorkers are no longer fleeing Manhattan for the sprawling estates of Westchester — in fact, the bucolic burbs have become a tough sell, with buyers instead plunking down their millions on mansions in the sky. Only 11 $10 million-plus estates in Westchester have sold in the past seven years, records show. Meanwhile, the number of New York City homes that sold for more than $10 million was 1,355 for that same period. “The stats are pretty amazin...
  • May 07
    2015
    What’s Next for Foreign Investment?
    As a whole, foreign investment in U.S. commercial real estate is on the rise, totaling $45 billion in 2014,according to research firm Real Capital Analytics. This marks the highest level of investment in the industry since 2007. Even despite low oil prices and a strong U.S. dollar that has hurt exports in other industries, foreign investment in commercial real estate is only expected to grow throughout this year as international investors continue to be attracted by the stability real estate ass...

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