Oligarchs, Billionaires, Money, Money, Money

Shanghai Pours Billions into New York Real Estate

 

therealdeal.com – Ariel Stulberg

From the September issue: Chinese interest in New York and U.S. real estate has grown at an unprecedented rate in recent years. But there is still a massive untapped market of Chinese investors looking for properties to park their money in, as well as for real estate players who can help make those deals happen.

While New York City real estate projects are written about daily in the U.S., many Chinese investors don’t have access to key information about those projects or how to get involved because of restrictions on Internet use there. [more]

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