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furriners don't believe that recession talk

furriners don't believe that recession talk

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zeeblebot

silicon valley

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15 Jun 08
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apparently.

http://news.yahoo.com/s/afp/20080614/bs_afp/usinvestmentproperty_080614150316;_ylt=AqxkDHjS_znUQTPYG.bgA.ys0NUE

Treasured New York skyscrapers may be sold to foreign funds Sat Jun 14, 11:03 AM ET

NEW YORK (AFP) - The iconic Chrysler and Flatiron skycrapers may soon join New York's GM Building as landmarks sold in part to Arab or European investors as the weak dollar spurs property grabs in the Big Apple, reports said Friday.

The 50-story General Motors Building, constructed in 1968 and which includes the Apple Store on Fifth Avenue, has already been sold -- for a record-breaking 2.8 billion dollars -- to US real estate firm Boston Properties, backed by investors from Dubai, Kuwait and Qatar.

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