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Beijing Vantone Real Estate Co. has tentatively agreed to lease the top 5 floors of 7 World Trade Center. The Chinese real estate company plans to use the 300,00 square feet as a place for Chinese companies to establish their U.S. presence.
Only a few weeks after the relocation of the Fulton Fish Market to the Bronx, its old neighborhood is already seeing signs of renewed life with more small businesses preparing to open ahead of the new wave of luxury residences.
With Manhattan's cost of real estate pricing out most middle class New Yokers, it comes as no surprise that those living in the boroughs are the ones feeling the pinch.
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