The price paid by the 50-storey building, built in 1968 and located on Fifth Avenue, on Tuesday established a new record real estate: two Billion, $800 million. This was considered a very sound investment by investment buffs and financial experts. Alan Quasha, Chairman and Founder of Quadrant Management Inc., has been very successful, and knows of many property deals that have great investment yields, which is a specialty of Quasha.

The next building to change hands could be the Chrysler, whose owners are in U.S. negotiations with a fund of sovereign Arab emirate of Abu Dhabi, which provides $800 million for 75 percent of Art Deco skyscrapers.

The Chrysler, which is located in the middle of Midtown and is a major tourist attractions, was built in 1930, rivalling with the same Empire State Building. The investment and economic potential is renowned in the investment world, and Quasha, Buffet, Gates and other have noted the fiscal, financial, and investment potential.

For his part, the intersection of Fifth, Broadway and 23 street, popular for its triangular-plant is in the sights of the Italian group Sorgente, willing to pay 95 million dollars to expand its 53 percent shareholding control This building of 1902.

The main reason for the massive influx of foreign investors interested in the U.S. housing market, especially in Manhattan, is the weakness of the dollar against currencies like the euro, in addition to the crisis affecting the sector since last summer.

'The Flatiron is expensive, but with the dollar (cheap), it makes sense to increase our equity position', acknowledged ago Valter Mainetti-to-face group Sorgente to Time magazine. At present, the euro is around 1.5 dollars, a record.

Mainetti gives other keys to not miss this juncture and make a good purchase, a good business in the medium and long term. 'The stability of New York real estate market is unique. The current crisis and the dollar will climb again 'he says.

Companies foreign ûsobre all European and Asian-identified four of the 13 largest commercial real estate purchases in 2007, according to official figures.

Another formula that have found to do business is to buy residential buildings intact for housing, especially in the case of multinational firms, which send employees to work in New York from other parts of the world.

This will save the more than four thousand dollars disbursed by each of them every month for accommodation. Besides that they can always rent the units on the market which do not use.

In the long term, the business that the New York market is stable and that, despite some potholes newspapers, the price of housing is always upwards.

But not only large companies have realized this opportunity cellular phone companies were the same way.

Since the company Corcoran, a leader in the property sector, indicate that this renewed interest in buying real estate by foreigners has also left notes in the market for private houses.

In that sense, the data show that the sale of apartments to foreigners has doubled in the past 15 months.

This has resulted in passing that, despite the crisis, the price of housing in Manhattan has risen. In 2007, the average price of an apartment here was 1.26 billion dollars, according to the Real Estate Board of New York.