As many foreign investors shun New York, one Hong Kong firm is making a big play at a stalled development site in Manhattan. Hopson Development Holdings dropped $115 million on a stalled development site in Midtown, records filed with the city Thursday show. The developer plans to raise a 34-story tower, according to an announcement filed to the Hong Kong Stock Exchange, which noted New York City’s status as a global financial center and its
source https://therealdeal.com/2019/12/19/hong-kong-developer-drops-115m-on-stalled-manhattan-site/
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