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Ronald Rosario's Blog

By Ronald Rosario (347) 352-9604 | Agent in New York, NY

Chinese Investors buying condos for their children as an alternative to "Dorming"

In a recent article I read, there are many Chinese investors buying condos in highend condo buildings. With a volatile real estate market in China many investors are searching a broad for new oportunities and are buying properties not only as an investment oportunity but as place where their children can live while they are attending college in the NYC.

Article Source: dnainfo.com

Comments

By Allison Cooper,  Mon Jan 23 2012, 12:52
I have had great experiences with Chinese buyers and they only want the best for their children! In my experience, buyers from China love the brand new, all glass buildings with amenities. In the next 1-2 years Tribeca will have a brand new building that I am sure will attract tons of international buyers!
By Rick Jackson,  Mon Jan 23 2012, 12:54
This can only be a good thing.
By Jolie Muss-LREB & Brokerage- 212 721-3301,  Wed Jan 25 2012, 07:40
Yes I've found that there are many buyers but not many condos in the price ranges and neighborhoods they are looking for! If you have a condo you want to sell please contact me as I have a list of 10 cash buyers for 2 bedroom condos in Manhattan!

Jolie Muss 
Licensed Real Estate Broker & Brokerage 
331 Columbus Avenue, New York, NY 10023
Office: 212 721-3301 Email: joliemuss@joliemuss.com
Twitter: http://www.twitter.com/jojomuss LinkedIn: http://www.linkedin.com/in/joliemuss

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