Manhattan vs. Minneapolis You know you’re talking about a different housing market — OK, planet — when local Realtors casually toss off observations like the one above. See, “Manhattan Feels a Russian Chill” (The New York Times; March 28, 2014). In this case, the Manhattan-based agent was explaining why Russian oligarchs seeking to keep a...Read More
Not Asking Where the Money Came From I still think Thomas Wolfe’s newest book, “Back to Blood,” is a bit of a bust. But, at least according to an article I just skimmed, Wolfe was right about the city having a growing Russian presence. Russian One-Percenters Specifically, area Realtors are taking note of “Russian One-Percenters”...Read More
