Explain whether the data is cost-effective or not.

1. 13% of the world’s richest people buy houses in New York

2. On October 11, 2013, Greenland will acquire and develop the Atlantic Plaza project in Brooklyn, New York, with a total investment expected to exceed 5 billion US dollars

3. In September 2012, Xinyuan Real Estate announced the purchase of a real estate in Brooklyn, New York for US$54.2 million

4. Chinese real estate SOHO tycoon Pan Shiyi and Zhang Xin couple and a member of Brazil's Safra family to acquire a 40% stake in the General Motors Building, paying more than $700 million (not including debt) to a consortium of Middle Eastern sovereign wealth funds. The remaining 60% interest in the General Motors Building is held by Boston Properties Inc. (BXP) and will not be sold. This building in Manhattan, New York, is valued at approximately $3.4 billion and may be one of the most valuable office buildings in the United States.

5. On October 18, 2013, Fosun International (00656.hk) issued a voluntary announcement stating that its wholly-owned subsidiary had signed an agreement with JP Morgan Chase Bank on October 18, U.S. time. Purchase Agreement to purchase One Chase Manhattan Plaza located at 16-48 Liberty Street, New York, New York, USA, for a total price of US$725,000,000.

6. In January 2012, HNA Group invested US$126 million to purchase the 45-story four-star hotel Cassa, located in the center of Manhattan, New York, next to Sixth Avenue, not far from Times Square and Broadway. Hotel and Residences.

7. In October 2011, Soufun Holdings spent US$60 million to buy a 16-story training center formerly owned by American International Group at 72 Wall Street.

8. In August 2011, Hong Kong tycoon Cheng Yutong spent US$570 million to buy five luxury hotels in New York, New Mexico, and Dallas in the United States.

These big companies invest a lot of money in New York, USA, and they will not buy if it is not cost-effective. Pan Shiyi was engaged in real estate business in China, but he did not know how to invest in China, so he went to New York to invest.

Currently, Stars and Stripes Real Estate has many projects for sale in Manhattan ranging from tens of millions to one billion US dollars. You can take a look at them.