NYC Real Estate & The Foreign International Buyers
Manage episode 451223940 series 3559274
In this week’s episode, Vince discusses how the NYC real estate market has long attracted international buyers, drawn by the city's prestige, stability, and robust economy. Foreign investment, particularly in luxury properties, has been a major factor shaping the market, with buyers from regions like Asia, Europe, and the Middle East viewing New York City as a prime location to safeguard and grow their wealth.
While international sales bring significant investment to the city, they also spark discussions around affordability and market access for local buyers. As NYC real estate continues to evolve, foreign investments will likely remain a key, if sometimes contentious, component of the city's real estate landscape. Featuring guests Matthew Melinger of Brown Harris Stevens, Michael Holt of Compass, Yann Rousseau of BARNES International Realty, and Bruce Cohen of Cohen & Frankel Law. This episode is sponsored by Roadway Moving and The Everset.
Filmed at Brown Harris Stevens’ Studio 1873, Part of the Mastery of Real Estate (MORE) Network.
Subscribe:
https://podcasts.apple.com/us/podcast/talking-new-york-real-estate-with-vince-rocco/id1645541166 Connect with Vince Rocco:
https://www.bhsusa.com/real-estate-agent/vince-rocco
Connect with Matthew Melinger:
https://www.bhsusa.com/real-estate-agent/matthew-melinger
Connect with Steven Bailey at Roadway Moving:
https://www.roadwaymoving.com/
Learn More About The Everset:
https://theeverset.com/ Brown Harris Stevens is one of the largest privately owned real estate brokerages in the country, with more than 40 offices across four states: New York, New Jersey, Connecticut, and Florida.
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