The Real Deal New York

Emboldened by a Trump presidency, Russian buyers return: VIDEO

Move over Chinese investors
December 18, 2016 05:00PM

Donald Trump

Donald Trump

Once one of the chief foreign investors in NYC real estate, Russian buyers backed off in recent years.

Sanctions against them following the annexation of Crimean led to a drop off in luxury apartment sales to Russian buyers.

But now, emboldened by a Trump presidency, brokers say the Russians are once again hunting for Manhattan trophy properties.

Check out the video below: