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Xinyuan Real Estate Co., Ltd. Message Board

  • infn444 infn444 Nov 6, 2012 6:47 PM Flag

    Check the prices on this NY high rise and who's buying

    ne57, a 306-meter tower under construction in Midtown Manhattan, will soon hold the title of New York's tallest building with residences. But without fanfare from its ultraprivate future residents, it is cementing a new title: the global billionaires' club.
    The buyers of the nine full-floor apartments near the top that have sold so far are all billionaires, said Gary Barnett, the president of the Extell Development Company, the building's developer.
    The top-floor penthouse, which spans over 1,000 square meters, sold for about $95 million, a city record. Another duplex is under contract for more than $90 million. The other seven apartments range in price from $45 million to $50 million.
    The billionaires' club includes several Americans, at least two buyers from China, a Canadian, a Nigerian and a Briton, according to Mr. Barnett and brokers who have sold apartments in the building, at 157 West 57th Street.

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    • Wait, what?!?! Bab told us all that "rich Chinese are waiting in line to buy properties in such a premium location through a Chinese developer". What is wrong with these two Chinese billionaires? Don't they know that they need to go wait in line to buy from a Chinese developer? These rich Chinese are out of control. Perhaps XIN wasn't even involved in their transactions. How could that possibly be?

4.99-0.08(-1.58%)Apr 28 4:02 PMEDT