Home Top developer says New York real estate market is a 'bubble'
 

Keywords :   


Top developer says New York real estate market is a 'bubble'

2014-11-06 23:33:09| Real Estate - Topix.net

A prominent real estate bigwig caused a stir Thursday by admitting that the New York City residential property market is a big bubble waiting to pop. "If real estate was a publicly traded company and I could short its stock, I would very happily short 57th Street," said Ofer Yardeni, CEO at real estate development firm Stonehenge Partners, referring to the stream of high-end towers popping up along 57th St.'s "Billionaires' Row."

Tags: top real york estate

Category:Real Estate

Latest from this category

All news

»
24.11ISAMI REBELS16oz
24.11 Z
24.11
24.11 4 trail lite
24.11n-buna song selection
24.11()//
24.11MTG 4
24.11 Jade Flufy Crew Sweat
More »