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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRussians buying up NYC lured by Trump's lax attitude toward corruption, money-laundering
The oligarchs are back in town and hunting for swanky real estate, lured by Trumps laissez-faire attitude toward corruption and money-laundering - Rich Russians are eyeing and buying expensive real estate in New York for the first time in a decade.
Were seeing a lot of Russian nationals. Ive had five Russians look at properties in the $10 million to $20 million range in the past few weekscondos and town houses, a New York broker said.
One returning Russian just signed a contract for a $20 million trophy property in Midtown.
The buying spree is spurred by the cozy relationship between Trump and Putin, the broker said. A couple of years ago, oligarchs couldnt buy anything in the U.S., and Putin put pressure on Russians not to buy here or in Europe.
Russians may also feel more reassured in the knowledge that, back in the day, their fellow nationals (including oligarchs and ex-cons) bought lots of Trump-branded properties. Some even found ways to provide Trump with cash when U.S. banks would not. Or, as Eric Trump told a golf reporter in 2014, We have all the funding we need out of Russia.
They arent afraid to buy anymore, the broker said about the current influx of oligarchs. Thats whats changed.
https://airmail.news/issues/2025-4-5/the-view-from-here
Irish_Dem
(82,386 posts)Every day the US becomes more like Russia.
harumph
(3,422 posts)Irish_Dem
(82,386 posts)bdamomma
(69,629 posts)if they will be wearing red caps easier to spot them out
I wonder if Russians in Florida will increase too?
Irish_Dem
(82,386 posts)Russia is a new ally.
And partner in crime.
bdamomma
(69,629 posts)Irish_Dem
(82,386 posts)republianmushroom
(22,736 posts)I'll bet we would be amazed ate how much of the trump brand the Mexican cartels own. The business of laundering money.
lindysalsagal
(22,999 posts)Feel like they're home .
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