In court yesterday, billionaire mining magnate Ira Rennert denied using dividends of its mining companies to build their 29-bedroom, 39-bath Hamptons mega mansion.
Increasingly, foreign investors, particularly the Chinese, also head out of town, the Gold Coast of Long Island, according to The New York Times: "Some Chinese buyers are parking money in what they see as an investment low risk. others are looking for a trophy home. still others intend to live in these places full time while their children attend high-performing schools in the area. "But in the factor, the Chinese are in a shopping spree across the country, and are at greatest or second foreign buyers in 46 of the 50 states.
Who do you call when developers want to equip their condos with higher-end gyms? Jay Wright, "intoned whippet-with a hairstyle hipster raffish," guru posh gyms, who made 15 Central Park West, according to The New York Times, in which "the luxurious but no nonsense extension exercise equipment of last generation , opulent costumes and dazzling stone pool with sauna and lounge adjacent created a place where billionaires felt at home while working up a sweat. Some even showed up in their bathrobes every morning. "
Downtown Brooklyn will be adding some 12,750 units in the coming years, according to the Downtown Brooklyn Partnership, Local BID. Almost double the pace of housing construction in the area, but space technology is not developing destinations and area lacks night life and restaurants, according to the report.
We are not confident, however, that such increases will be enough to stop the soaring rents municipality, which have been on the up and up, especially in areas away from the beautiful coastline, Crown Heights. Fortunately, Boerum Hill, Greenpoint and Dumbo everyone has seen slight decreases.
Still, some people prefer to rent rather than buy, although they can afford.