Rule number one of selling NYC property to high-rolling foreigners, according to a recent New York Magazine story on the practice: "you can't try to sell them property—you offer them status, or a lifestyle, or a unique place in the sky." For many foreign buyers, New York real estate is equal parts luxury investment and money-laundering opportunity. "A lot of times, I don't even know where my clients are from," says one real estate attorney. [NY Mag via Curbed NY]
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