NYC's Pool Of Foreign Real Estate Buyers Show Signs Of Drying Up.
MANHATTAN — Some of Manhattan's top brokers have noticed a slowdown in foreign buyers in the last couple of months as the strength of the dollar rose along with prices of high-end condos.
New development — which often targets the moneyed class of global buyers — saw prices hit an average of $1,807 per square foot — a nearly 29 percent jump from the year before, according to a recent report from Douglas Elliman.
