Which players will likely spend big on NYC property this year?

From investment firms to Russian oligarchs, here's who is preparing to splash the cash

From left: Marc Holliday, Mikhail Prokhorov and Alexander Rovt
From left: Marc Holliday, Mikhail Prokhorov and Alexander Rovt

From the April issue: Just days after American Realty Capital’s New York Recovery REIT acquired an office building at 1440 Broadway in October for $529 million, the company’s chief investment officer made a bold proclamation. Michael Happel said his company had a “loose target” to spend another $1 billion on commercial real estate in Manhattan over the next year. [more]

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