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    1. For a city that never sleeps, home buyers are willing to fork out a lot of money for a place to rest their heads. In Manhattan, the average sales price for apartments set a new record of $1.87 million in the second quarter this year, according to the Elliman Report from real estate firms Douglas Elliman and Miller Samuel. In markets like New York and San Francisco, rising prices of these levels...

    2. Condominium prices in New York’s Queens jumped to a record in the second quarter as soaring values in Manhattan sent buyers fanning out across the city’s boroughs in search of properties they could afford.

    3. Trump gets US$21m for Park Avenue penthouse, 40% off list price

      The Business Times SingaporeJul 27 05:45 PM

      [NEW YORK] Donald Trump, the real estate mogul turned presidential candidate, sold a penthouse on Manhattan's Park Avenue for US$21 million, almost two years after listing the five- bedroom, seven-and-a-half-bath apartment for US$35 million.

    4. Trump Gets $21 Million for NYC Penthouse, 40% Off List

      Bloomberg via Yahoo! FinanceJul 27 04:51 PM

      Donald Trump, the real estate mogul turned presidential candidate, sold a penthouse on Manhattan’s Park Avenue for $21 million, almost two years after listing the five-bedroom, seven-and-a-half-bath apartment for $35 million. “It’s one of the penthouses that was in his portfolio,” Michelle Griffith, the listing agent with Trump International Realty, said in a telephone interview. Griffith ...

    5. Greenwich is traditionally known for its sprawling multi-million dollar estates and a community that provides escape from the compact living associated with nearby Manhattan. But what happens when those expansive single-family homes are no longer the preferred abode for Greenwich elite? Jonathan Miller, president of Miller Samuel Real Estate Appraisers and Consultants, said an influx of luxury ...

    6. Related Cos. agreed to sell the top 13 floors of a Manhattan luxury-rental building to Kuafu Properties, a New York-based investment firm that pairs Chinese capital with U.S. real estate.

    7. Donald Trump, the real estate mogul turned presidential candidate, sold a penthouse on Manhattan's Park Avenue for $21 million, almost two years after listing the five- bedroom, seven-and-a-half-bath apartment for $35 million.

    8. By Oshrat Carmiel and Chloe Johnson Bloomberg News NEW YORK -- Manhattan apartment prices jumped to a record in the second quarter, pushed up by competition for a limited number of properties and strength in the luxury market.

    9. Donald Trump, the real estate mogul turned presidential candidate, sold a penthouse on Manhattan's Park Avenue for $21 million, almost two years after listing the five-bedroom, seven-and-a-half-bath... To view the full story, click the title link.

    10. Chinese Firm Plans Condo Tower at NYC's Subway Inn Site

      Bloomberg via Yahoo! FinanceJul 27 12:24 PM

      Kuafu Properties LLC, a New York-based Chinese investment firm formed two years ago, plans to build a condominium tower at the Upper East Side site that once housed the Subway Inn dive bar. The company signed a contract to buy the property on East 60th Street, near Lexington Avenue, from World Wide Group, Chief Executive Officer Shang Dai said in an interview. The deal is the fourth in Manhattan...

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