January 2, 2015
Global gloom props up dollar … and NYC real estate

The Real Deal

“We’re in a strong position compared with the rest of the world,” said Ed Mermelstein, a founding partner of real estate law firm Rheem Bell & Mermelstein.

“When the prices of commodities and currency are heading downward, holding real estate in the U.S. is better than holding the gold standard of yesteryear.”

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