December 18, 2024 07:52 AM

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May 15, 2014 · Trending News

Farewell, Comrade: Rich Russians Are No Longer Buying Real Estate in NYC

If you had any designs on buying one of the many multi-million dollar condominiums or luxury apartments in New York City, you might be out of luck: with the sanctions the United States has imposed on the wealthy elite of Russia, wealthy Chinese are now sweeping in to buy the properties that the wealthy Russians used to own or no longer can buy.

by Eli Auslender

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