Posted by Jonathan Miller -Monday, January 18, 2010, 7:19 PM
Shazia Khan of NY1 does a nice local segment on foreign buyers (no pun intended). You can’t really tell, but due to tripod issues, the video camera is sitting on a pile of my books.
Admittedly, NYC always over hypes participation by foreign buyers (remember stories of Irish carpenters buying Manhattan condos?) but its worth paying attention to.
The dollar remains pretty weak compared to the Euro.