Billionaire Chinese blogger eyes New York real estate

Billionaire Chinese blogger eyes New York real estate

Atlantic.com: Chinese property tycoon Zhang Xin is setting her sights on the historic General Motors building in New York.

The price under discussion, according to the Wall Street Journal, would value the GM building at $3.4 billion--by far the most expensive in the United States. Who is Zhang, and why is her family making such a major play for the GM building?

 

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