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Real estate needs further recognition

2015-02-10 09:58:54| Real Estate - Topix.net

New York City is one of the wealthiest cities in the world, and as a result has one of the fiercest luxury real estate markets. A New York Times investigative report released Feb. 7 delved into this high-end market and found that a huge number of residences are owned by secretive, anonymous shell companies that allow foreign buyers - some of them criminals - to purchase condos.

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