Greek turmoil to have minimal impact on NYC real estate: experts

From left: Sam Chandan, John Catsimatidis and Patrick Chovanec

Greek voters’ overwhelming rejection of European creditors’ austerity-laden loan package makes a Greek exit from the euro more likely than ever. But while prior crises in Europe have led investors there to seek relative safety in assets like New York City real estate, experts told The Real Deal that the effect of the latest turmoil on the property market here will be minimal. (more…)