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The new foreign buyers

City lures investors from abroad as Europe scrambles to control crisis

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Illustration for The Real Deal by Squat Design
At press time, European leaders had reached a deal to avert a potentially disastrous Greek debt default. The move could have implications in NYC, where some foreign buyers have been spooked into inactivity by the European debt crisis for weeks, while others, from tottering economies, have flooded into the city as a safe haven. The Real Deal looks at 10 countries that send a significant number of homebuyers here, and breaks down the priciest 2011 deals involving foreign players.

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