Chinese Steadily Snatching Up NYC

08.11.11 Bucky Turco

America’s financiers have been taking advantage of their market position and quietly making it rain all across the city according to the Times. Chinese banks and investors are heavily invested in real estate and companies have staked out commercial space in prominent locations, such as the Empire State Building and 1 World Trade Center. They’re even fixing the bridges. China is essentially our new landlord.