Auction.com Allows Chinese Investors to Buy U.S. Real Estate from Home; NYC Remains the World’s Most Global City

Posted On Thu, May 21, 2015 By

Posted On Thu, May 21, 2015 By In Real Estate Wire

  • A Time exec has bought Million Dollar Listing star Fredrik Eklund’s West 27th Street pad. [NYP]
  • Ziel Feldman’s HFZ Capital Group recently purchased one of the most expensive development sites ever sold in Manhattan, but he doesn’t plan on putting ultra-expensive condos up there—he’s opting for a small project instead. [Crain’s]
  • Pierhouse blocked from being constructed any higher. [TRD]
  • With Auction.com Chinese investors will be able to purchase U.S. properties from the comfort of their own homes. [Bloomberg]
  • New York remains the world’s most global city according to A.T. Kearney’s latest review. However, San Francisco is expected to grab hold of first in the near future. [Archinect]

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