Buildings for Billionaires

Encore: November 13, 2013

 

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.

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