SUBSCRIBERS
New York's high-end residential market slows down
Officials welcome pause in escalating prices that have made business prohibitive
Published Wed, Mar 16, 2016 · 09:50 PM
New York
IT is a question of supply and demand. On a seven-block stretch of 57th Street and nearby, there are at least 300 apartments in seven buildings priced at a billionaire-friendly US$5,000 per square foot (psf) either for sale or scheduled to go on the market in the next 24 months.
B…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
How Hudson Yards went from ghost town to office success story
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Forrest Li’s wife buys Gallop Road bungalow next to the one he has redeveloped
Chinese restaurants spur Hong Kong’s retail property recovery
Asking rents down as demand slows and rental listings surge
Eurozone consumers increasingly struggle to pay for housing