In CRAINS, a report shows how New York City is unlike the rest of the USA, and is truly an international city. These days, buyers of commercial property in New York can expect their investments to provide similar rates of return as they would in London, Paris and Washington D.C.—cities RCA calls the “Fabulous Four.”… [Read More]
ONE HYDE PARK: THE MOST EXPENSIVE APARTMENT IN THE WORLD SELLS.
And you thought New York was expensive? Think again. A six-bedroom, two-floor penthouse in the One Hyde Park development in Knightsbridge, London has sold for £140 million — equivalent to around $220 million — making it the world’s highest priced apartment sale, according to THE REAL DEAL. The buyer, who remains anonymous, will enjoy views of the London skyline,… [Read More]