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RECENT NEWS AND EXPERT COMMENTS
"INQUIRIES FOR NY REAL ESTATE FROM WELL-HEELED RUSSIANS HAVE DOUBLED IN LAST SIX MONTHS":
January 12, 2012 -- Edward Mermelstein, partner, expects Russian real estate investment in the US to double in 2012 and reach 10 percent of Russian investment abroad, AOL Real Estate
"BUYERS ARE NOW REQUIRED TO SHOW MUCH MORE IN TERMS OF PROOF OF INCOME, VERIFICATION OF EMPLOYMENT, PRIOR TAX RECORDS AND CREDIT SCORES":
November 18, 2011 -- Edward Mermelstein, partner, advises home buyers, FOX Businees
"THE COST OF FLOOR SPACE WILL GROW. TODAY WE ARE AT THE 2004-2005 LEVEL":
November 08, 2011 -- With Russian clients considering New York a safe landing opportunity, Edward Mermelstein, partner, believes that high-end real estate is still a good investment, Business Insider.
"THE MIDDLE EAST FUNDS WERE NOT EXPECTED TO COME BACK SO QUICKLY":
September 20, 2011 -- Edward Mermelstein, partner, comments on Asian sovereign funds as fastest growing sources of inflows in US real estate market, REIT
"NEW YORK, MANHATTAN ESPECIALLY, IS BACK TO PRE-RECESSION LEVELS AND IS EXPECTED TO BE SO FOR THE NEXT 3 - 5 YEARS":
August 11, 2011 -- Edward Mermelstein, partner, expects to see appreciation up to 15 – 20% per year, iProperty.com
Rheem Bell & Mermelstein LLP
302 Fifth Avenue, 8th Floor
New York, New York 10001
USA
Tel.: +1 (212) 239-4001
Fax: +1 (212) 239-4125
