They're back: NYC buyers can expect more competition from foreign investors in 2023

… in the market for a new condo or townhouse in New York City you can expect to face increased competition from … investors looking for opportunities in NYC They know rents are high so they can get a good return on their … represented Tim Gong a Chinese investor with a $15 million stake in TikTok who bought two sponsor units at 111 West 57th …

By Jennifer White Karp |January 3, 2023 - 11:30AM
NYC sales are booming mostly without foreign buyers. What happens when they return?

… Sales are booming in New York City even as international buyers have been mostly absent from the real … them In the third quarter sales of Manhattan condos and coops more than tripled compared to last year the highest … to look after their place Barron says That will mean new business for property managers Barron sold three NYC …

By Jennifer White Karp |October 18, 2021 - 9:30AM
Newly comfortable with online tours, some buyers make offers on condos sight unseen

… understanding and trust in the product that they are seeing online she says In some instances a family member or representative will check out the apartment on … who cant tour the building in person get a very detailed online presentation says Christina Medina director of sales …

By Jennifer White Karp |April 1, 2021 - 1:30PM