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Press Releases from NYIFund

July 5th, 2012

Nationality, identity and the pledge of allegiance

inamerica-blogs-cnn-com (PDF)   By Moni Basu, CNN Atlanta (CNN) – When the moment finally arrived, 86 of us stood up to utter 31 sacred words. I raised my right hand. My heart was pounding. All those years spent in public schools … Continue reading

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June 22nd, 2012

Dolly Lenz: Half of my clients are Chinese

therealdeal-com (PDF)   Chinese buyers are injecting billions into our residential real estate market nationally, the Wall Street Journal reported. And in an effort to court Asian buyers — mostly from China, but also Hong Kong, Singapore and Korea — developers … Continue reading

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June 22nd, 2012

Asians, More Than Latinos, Are The Largest Group to Arrive in U.S.

inamerica-blogs-cnn-com (PDF) By Moni Basu, CNN (CNN) –The immigration debate often centers on stemming the flow of people entering the United States illegally and what to do about securing borders to the south. But here’s a fact that goes without much … Continue reading

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June 13th, 2012

American buyers join foreigners in flight to city’s market

therealdeal-com (PDF) Wealthy Americans have been lost in the hysteria over foreign buyers descent upon the city’s luxury real estate market, but in the last week domestic buyers have returned with a vengeance. The Wall Street Journal noted that two apartment … Continue reading

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June 7th, 2012

Foreign Investment in NYC Commercial Properties Doubles

therealdeal-com (PDF)   While foreign investment in New York City residential real estate has captured the headlines, Massey Knakal Realty Services Chairman Robert Knakal appeared on CNBC’s “Street Signs” this afternoon to say foreign investors have also sought commercial properties (see … Continue reading

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June 6th, 2012

Retail Properties Surge in Manhattan Due to Tourism

Retail Properties – Manhattan Tourism (PDF) BY AMELIA HARRIS   Tourists are spearheading a retail spending surge in Manhattan, with $52.4 billion expected to pour into the cash registers of clothing stores, electronics shops and other outlets by the end of … Continue reading

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March 8th, 2012

China Replaces Europe in Funding NY Properties

PDF: China Replaces Europe in Funding NY Properties – Bloomberg Link: China Replaces Europe in Funding NY Properties – Bloomberg By David M. Levitt – Mar 8, 2012 China’s oldest bank is expanding in New York lending for trophy buildings … Continue reading

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March 1st, 2012

U.K. Property Buyers Shift Sights Across Pond

PDF: U.K. Property Buyers Shift Sights to New York – WSJ Link: U.K. Property Buyers Shift Sights to New York – WSJ February 29, 2012 By ANITA LIKUS | Special to the WSJ European property buyers are starting to shop … Continue reading

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February 24th, 2012

Plan B for China’s Wealthy: Moving to the U.S., Europe

CHINA NEWS FEBRUARY 22, 2012 (PDF) Plan B for China’s Wealthy: Moving to the U.S., Europe http://online.wsj.com/article/SB10001424052970203806504577181461401318988.html BEIJING—This time last year, Shi Kang considered himself a happy man. Writing 15 novels had made him a millionaire. He owned a luxury … Continue reading

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February 14th, 2012

More rooms at more inns loom in NY’s future

More rooms at more inns loom in NY’s future _ Crain’s New York BusinessMore rooms at more inns loom in NY’s future _ Crain’s New York Business Looks like New York City’s expected 50 million tourists this year will be … Continue reading

Filed under: New York Real Estate News, Press