Cities around the world are cracking down on foreign real estate investors, but don't expect NYC to follow suit

… cities across the globe attention has turned toward foreign buyers and investors many of whom its argued buy up properties … York Times  investigation into the shadowy foreign entities buying empty apartments in buildings like the Time Warner …

By Virginia K. Smith |September 28, 2016 - 8:59AM
What the latest crackdown on LLC buyers means for NYC real estate

… this year aimed at outing shadowy anonymous real estate buyers The Real Deal reports that the US Treasury is … of purchasers In NYC the requirements fell on allcash LLC buyers of properties $3 million and up Since the Treasury … California and Texas that tend to be popular with foreign buyers looking to stash their cash Additionally the …

By Virginia K. Smith |July 29, 2016 - 1:59PM