China Growth Stocks

[Stream205]

XIN; NYC real estate buy.


Williamsburg is indeed a red hot area for NYC real estate.

Brooklyn itself is also seeing huge cash being pumped into real estate all over other than central Brooklyn.

Just last night the 18 thousand seat Barclays center opened not far from the XIN site.

The Kent St & South 8th St. address also is within 3 blocks of bus routes and also a few blocks from the Wall St and Midtoen ferries, which are quite popular.

I cant speak to the value of the deal but the site itself is prime. No problem getting top dollar from buyers.

Note: Thats top BROOKLYN dollars. Manhattan real estate is off the charts, of course.