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Originally Posted by TechTalkGuy
Yes well that video was proof that Russians want a positive relationship with the US.
This is exactly why the Central Park Tower will command sky-high rates from international buyers.
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That video is proof that Manhattan will continue to be a magnate for international buyers. That may slow or pick up due to a variety of issues, but it will always be true.
Even towers like One57 and 432 Park saw "discounts", they were still among the top in Manhattan.
http://therealdeal.com/2016/12/19/on...below-its-ask/
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One57 apartment sells for $13M below its ask
The 6,000-square-foot apartment was originally listed for $58.5M
December 19, 2016
By Miriam Hall
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http://therealdeal.com/2016/12/20/th...sales-of-2016/
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A decade after developer Harry Macklowe acquired the site for 432 Park Avenue, sales at the supertall condo tower dominated 2016’s top residential deals.
Six of the building’s ultra-luxe pads were among this year’s 10 priciest closed sales — including the building’s $87.7 million penthouse, which closed in September. The spate of big-ticket deals at 432 Park can be attributed to the fact that three years after sales launched, developers Macklowe Properties and CIM Group finally obtained a certificate of occupancy in late November 2015, allowing buyers to close on their purchases.
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There have been other big sales, but these are the sales that are closed.
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1. 432 Park Avenue, PH 96 | $87.7 million
2. 432 Park Avenue, Unit 88 | $60.9 million
3. 432 Park, Unit 79 | $59.1 million
4. 4 East 66th Street, 5 | $52 million
5. 212 West 18th Street, PH2 | $45 million
6. 432 Park Avenue, Unit 64A | $44.8 million
7. 432 Park Avenue, Unit 82B | $43.3 million
8. 33 East 74th Street | $42.8 million
9. 20 West 53rd Street, PH | $42.6 million
10. 432 Park Avenue, Unit 77B | $39.2 million
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With investors - an important part of the ultra luxury market - showing more interest and a return to the market, it will be easier for Barnett to obtain the financing that has been difficult to get up to this point.
That is the point of the video. It is not an invitation for anyone's political talk or beliefs.