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Foreigners Are Buying in Manhattan!

Started by stevejhx
about 15 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
It's official! It's in the New York Times' Real Estate Section: http://www.nytimes.com/2010/10/10/realestate/10cov.html I can't wait for that Irish carpenter to make a comeback. Or that Greek shipping tycoon. Or maybe - LICC! - the Swiss! What utter nonsense.
Response by bgrfrank
about 15 years ago
Posts: 183
Member since: Apr 2010

It is good because they help keep NYC stable. People have jobs as a result, and we get property taxes paid and things.

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Response by NYCMatt
about 15 years ago
Posts: 7523
Member since: May 2009

Aren't people west of the Hudson considered "foreigners"?

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Response by bgrfrank
about 15 years ago
Posts: 183
Member since: Apr 2010

)Yes Asians could buy too in NYC.

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Response by stevejhx
about 15 years ago
Posts: 12656
Member since: Feb 2008

I think it's the Mexicans. They're EVERYWHERE!

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Response by inonada
about 15 years ago
Posts: 7934
Member since: Oct 2008

NYT: For Europeans, with the euro trading at 1.34 to the dollar, “their money is worth 34 percent more now; it is a very safe bet for them,” Mr. Eyn said.

I don't know who's stupider: Mr. Eyn for saying it or the NYT for publishing it.

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Response by notadmin
about 15 years ago
Posts: 3835
Member since: Jul 2008

> I don't know who's stupider: Mr. Eyn for saying it or the NYT for publishing it.

or the foreigner that feels the need for an address in manhattan and hence pays for our services: thank you snob!

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Response by sidelinesitter
about 15 years ago
Posts: 1596
Member since: Mar 2009

So you're suggesting that the Times RE people are stupid, rather than corrupt? Possible. Or it could be both.

With Eyn you don't really have corrupt as an option, so you're pretty much left with stupid.

Anyway, I don't know why Eyn is wasting his time helping Europeans buy in NY. He should be helping New Yorkers buy in Tokyo where their dollars are worth 82 times as much. I also hear that Harare is nice this time of year and the USD does crazy far in Zimbabwe.

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Response by mngmist
over 10 years ago
Posts: 71
Member since: Jun 2010

Dollar is way up, maybe this changes the picture?

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Response by mngmist
over 10 years ago
Posts: 71
Member since: Jun 2010
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Response by Admin2009
about 10 years ago
Posts: 380
Member since: Mar 2014

Just this last month , our building saw 4 sales to Chinese , Malaysian , French and Guatemalan . . . a nice mix

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