Tuesday’s blockbuster news that a Korean investment bank and local developer Young Woo are in contract to buy AIG’s two skyscrapers downtown begs the question: Is Asian money the next wave to hit New York commercial real estate? “It is definitely a trend,” said Yoron Cohen , executive vice president of Cushman & Wakefield’s New York capital markets group. “We have quite a few Asian groups … More: Are Asian Investors About to Storm Manhattan Real Estate? AIG Deal Suggests Yes! (The New York Observer) Please be sure to check our homepage for more information on getting your real estate license! |