Quote:
Originally Posted by ILNY
" At new developments like One57, foreigners make up about half the buyers"
So this means that the building will be more than half empty most of the time since this will most likely be secondary residences for foreign buyers.
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Well, no. If I take it as literal as that, it means the building will be more than half
full most of the time - half being the full time residents, and then a portion of the part time residents making up the rest.
But really, it means very little, unless you plan to live in the building and access services there. I can't tell you that any office tower is more than half full after hours, or on the weekends. You can be sure that most aren't.