I provided some insight to a recent edition of a new French Magazine called The Good Life – the issue was dubbed 100% New York.
Since we make so much of the influence of international buyers in the New York City market, I found the issue to be refreshing as I flipped through it in its entirety, as if providing some sort of validation that the way we see the market as locals is how others outside of the US see it.
Of course this is a stretch because the issue is entirely in french, but hey, I took five years of french in school and on a good day can remember how to ask for permission to sharpen a pencil.
With the recent ratings downgrade to French banks, I wonder if the flow to US assets will accelerate.
fondateur et président de Miller Samuel Inc.