Flickr / Justin BrownLook up at the New York City skyline — way up, 100 stories or so — and you can’t help but notice that the changes over the past few years have been remarkable.
But they may be coming to a halt.
Over the past five years, a luxury housing boom in the city saw private developers scrambling to erect skyscrapers as tall as 100 stories with $100 million penthouses towering over the city’s Central Park and Midtown neighborhoods, creating a new mini-neighborhood known as “Billionaire’s Row.”
The media has breathlessly reported on the often-anonymous foreign buyers allegedly driving …read more
Source: Business Insider
