Finding out Who Really Is Investing in New York Real Estate

An article in the New York Post examines just who is investing in real estate in the city. It points out that in the past the US was instrumental in getting countries like Switzerland, who were famous for allowing money-laundering through number bank accounts, to turn things around. Now things are quite different in Switzerland

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Dmitriy Rybolovlev Pays Record $88 Million for New York Condo

A Russian billionaire has set a new record for the purchase of a condo in New York City, paying a staggering $88 million for the apartment, the most expensive property transaction ever carried out in the city, according to Forbes. Dmitriy Rybolovlev reportedly bought the 6,744 sq. ft. apartment for his daughter, Miss Ekaterina Rybolovleva,

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