"A Canadian diplomat has quietly scooped up roughly $17 million worth of newly built condo units across Brooklyn and Queens, including at least one waterfront spot in Astoria."
"Developers are leaning on incentives to keep deals flowing as projects come online, with promotional packages including temporary coverage of common charges to lure buyers."
"The purchases reflect a broader wave of well-funded purchasers targeting new construction in the outer boroughs, indicating strong demand for these properties."
A Canadian diplomat has acquired approximately $17 million worth of newly built condo units in Brooklyn and Queens, including a waterfront penthouse in Astoria. The purchases reflect a trend of affluent buyers investing in new developments outside Manhattan. The diplomat's acquisitions include multiple units in recently completed buildings. Developers are offering incentives, such as temporary coverage of common charges, to attract buyers. This strategy, combined with desirable waterfront views, facilitates significant purchases by individual buyers in the outer boroughs.
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