Foreign Buyers Snapping Up Luxury Manhattan Apartments

Foreign buyers are helping boost skyrocketing prices for high-end condominium apartments in Manhattan, where real estate is still considered a bargain relative to most other financial capitals. Realtors say Canadian, Chinese and Russian buyers make up the bulk of non-U.S. investors in the borough's most expensive neighborhoods. Slender, glass-clad buildings overlooking Central Park, with just one or two astronomically priced apartments per floor, are the most sought after. At...

© La Voix de l'Amérique - mercredi 2 juillet 2014