- Searches for international property increased by 111% [MyIntroducer]
- Michigan – 1 in 8 homes in foreclosure [WWMT]
- East Europe propery values continue slide [Business Week]
- U.S – Millions could still lose homes to foreclosure [Telegram]
- UK – Worst said to be over for commercial property [FT]
- The world’s tallest tower in Dubai set to see its first repossessions [The National]
- 100 Most Powerful People in New York Real Estate [New York Observer]
- Meet 19-Year-Old Yingzi, China’s Most Obnoxious Real Estate Mogul [Business Insider]
Posts Tagged ‘real estate in new york’
International Property New Beat – Repossessions in Burj Khalifa, Top 100 Real Estate People in NY and Meet a 19 Year Old Property Mogul in China
by Overseas Property Mall on Wednesday, May 19th, 2010 in Property News Summaries
Another Record Breaker in New York’s Prime Real Estate Scene
by OP-Mall on Wednesday, November 19th, 2008 in New York Property
A British banker put down a cool $5 million as a deposit for the entire 76th floor of AOL Time Warner’s new Manhattan skyscraper. He is apparently a REIT executive, but this hasn’t been confirmed since he is intending to keep the transaction private.
What we do know is that he will fork out a whopping US$ 45 million for this prestigious apartment floor, which includes floor to ceiling glass windows, plus another $15 million for the decorating work.
This puts New York back on the market and local Realtors hope it will enliven the luxury property market after news gets around.
The swanky $1.8 billion AOL Time Warner building on Columbus Circle is nearing completion and incorporates a 252,000 SQ. M vertical village in he middle of Manhattan. It is also the city’s largest commercial development since the WTC when it opened in the 1970s with twin 80-storey towers.



