The Real Deal New York

Real estate investors choose to spread wealth

A growing number of wealthy NYC buyers are purchasing mulitple, smaller units, bucking the trend toward large trophy apartments

October 20, 2014 10:25AM
By E.B. Solomont

From left: Jacky Teplitzky and Alon Chadad

From left: Jacky Teplitzky and Alon Chadad

From the October issue: Investors with $10 million to $15 million to spend have no shortage of New York City real estate to choose from. As of the middle of last month, there were 218 apartments listed in Manhattan in that price range, according to the real estate website StreetEasy. [more]

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