November 18, 2015 | Real Estate Weekly | Christian Bautista
Over the past few years, Chinese investors have been aggressive in commandeering New York City real estate.
In 2014, the country accounted for about $6 billion in investments in
US properties. Out of that total, about three-fourths flowed towards
Manhattan.
Even a stock market plunge has not been able to curtail the movement
of Chinese capital into New York City. Investors continue to fund
projects in spite of a crash that has so far shrunk their country’s
indexes by about 40 percent...
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