Chinese Investors Are Scooping Up NYC Real Estate, Aided by Like-Minded Russians

Chinese Investors Are Scooping Up NYC Real Estate, Aided by Like-Minded Russians

OBSERVER NEWS

In the past year, the Chinese have invested almost $6 billion in U.S. real estate, $4.5 billion of which was in Manhattan. Chinese and Russian ultra net-worth individuals and businesses have become major engines in the market. These high-octane purchasers come with many nuances, which like-minded individuals can appreciate.

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