Hello, Comrade! More Russians Eyeballing NYC Real Estate

Mar 22, 2017

The Big Apple has become increasingly tastier for Russians in search of U.S. real estate, according to new data released by the residential start-up TripleMint.

In tracking inquiries from prospective international buyers searching the TripleMint Web site for New York residential property, the company discovered an extraordinary increase in online searches out of Russia. Last year, Russian inquiries ranked 20th among overseas web searches, but for 2016 the Russians were ranked second, just behind searches emanating from the United Kingdom.

"We had no idea that we were going to find that," said David Walker, TripleMint's CEO, in an interview with CNBC. "It was fascinating seeing this data and how much search traffic has picked up from Russia."
Rounding out TripleMint’s top 10 nations searching for New York real estate were the prospective buyers from Canada, India, France, Philippines, Australia Germany, Argentina and Italy.

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Phil Hall

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Mar 22, 2017

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