Chinese Pump $1 Billion Into NY Real Estate

Thursday, 11 Aug 2011 02:16 PM
By Andra Varin

As the song says, if you can make it there, you can make it anywhere. And that’s why Chinese investors are flocking to New York.

Investors from China have pumped $1 billion in real estate loans in the New York City in the past year, The New York Times reported Thursday.

“Everybody wants to come to New York because New York is the starting point for going global,â€