2 real-estate investors dish on why they think NYC's Billionaires' Row is not a good investment — and which luxury building they would consider buying in

Billionaires' Row in New York City is known for having some of the most expensive residential real estate in the world. The set of supertall luxury skyscrapers south of Central Park has attracted wealthy buyers including Michael Dell and hedge-fund billionaire Ken Griffin. But two full-time real-estate investors say Billionaires' Row is not a good investment due to the surplus of inventory and other economic factors.

Billionaires' Row in New York City is known for having some of the most expensive residential real estate in the world. The set of supertall luxury skyscrapers south of Central Park has attracted wealthy buyers including Michael Dell and hedge-fund billionaire Ken Griffin. But two full-time real-estate investors say Billionaires' Row is not a good investment due to the surplus of inventory and other economic factors.

Shhhhhh. Upper west side is the real gem

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Fonte: latimes - 🏆 11. / 82 Consulte Mais informação »