Property News · October 23, 2025

Soho China tycoon Zhang Xin buys NYC land for luxury condos


Zhang Xin, a Chinese property billionaire whose co-founded company Soho China was behind many projects that gave Beijing its futuristic skyline, has acquired land in a prestigious residential neighbourhood in New York City for a luxury condominium development.
Manhattan-based Closer Properties, led by Zhang, acquired five adjacent parcels on the city’s Upper East Side in a cash transaction totalling US$62.5 million, it said in a statement on Wednesday.
Closer, which develops, owns and operates…

Source : South China Morning Post
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