Buildings for Billionaires

November 13, 2013 at 3:40 pm

 

A new crop of ultra-luxurious New York high rises are vying to be the next hot “it” building and are attracting billionaires from nearby as well as abroad.

With the rise in development of luxury apartments geared for the global super elite, New York City’s apartment market may be approaching the $100 million price tag.  MetroFocus host Rafael Pi Roman talked to New York Times reporter Julie Creswell about her recent article on the explosion in demand and prices.

Mutual of America PSEG

Funders

MetroFocus is made possible by James and Merryl Tisch, the Anderson Family Fund, Judy and Josh Weston, Bernard and Irene Schwartz, the Sylvia A. and Simon B. Poyta Programming Endowment to Fight Anti-Semitism, Sue and Edgar Wachenheim III, the Cheryl and Philip Milstein Family, The Dorothy Schiff Endowment for News and Public Affairs Programming, Jody and John Arnhold, Rosalind P. Walter, the Dr. Robert C. and Tina Sohn Foundation, Laura and Jim Ross, and Shailaja and Umesh Nagarkatte.

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