Who is the average foreign buyer in NYC?

… of New York City real estate Theres a broad perception that international investors are snatching up luxury condos which … doesnt really apply By definition if theyre able to buy an apartment in NYC theyre not average says Keren Ringler a … prices of apartments in highend developments as they begin renting out the luxury condos they purchased flooding the …

By Alanna Schubach |February 10, 2017 - 9:59AM
Why "average" numbers don't tell the whole story of NYC apartment prices

… reports indicating dizzying new numbers for New York City rental and sales prices The average Manhattan rental costs … telling the whole story And in fact they might be making things seem even worse than they really are The reason for … sales in the city go for well below $10 million add one $250 million condo sale  to the mix and the numbers will get …

By Virginia K. Smith |February 8, 2017 - 9:59AM