Resi players on the rise of luxury in the outer boroughs  
A trio of new development players said luxury projects in New York City’s outer boroughs were drawing buyers from traditional high-dollar corridors with more than just discounts. “There’s a real preference to be in these places, as opposed to Manhattan” said Charney Companies founder Sam Charney, who was joined on stage at The Real Deal’s NYC Forum by Douglas Elliman Development Marketing president and CEO Susan de França and ZD Jasper vice president Jasper Wu to discuss the spread of luxury development through the boroughs. “People are coming into Long Island City, not because it’s cheaper, but because it’s really […]
This article originally appeared on The Real Deal. Click here to read the full story.
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