{"id":11963,"date":"2025-10-22T13:54:07","date_gmt":"2025-10-22T13:54:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/11963\/"},"modified":"2025-10-22T13:54:07","modified_gmt":"2025-10-22T13:54:07","slug":"chinese-real-estate-tycoon-to-build-luxury-manhattan-condos","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/11963\/","title":{"rendered":"Chinese Real Estate Tycoon to Build Luxury Manhattan Condos"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Chinese property tycoon Zhang Xin, who built her fortune shaping China\u2019s skylines with commercial development firm <a href=\"https:\/\/www.bloomberg.com\/quote\/410:HK\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Soho China Ltd.<\/a>, is seeking to expand her bet on New York City real estate. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Closer Properties, the real estate arm of Xin\u2019s family office Closer Group, acquired five adjacent parcels on the Upper East Side at the intersection of East 79th Street and Lexington Avenue from W Financial in a cash deal totaling $62.5 million, according to a statement released Wednesday. The firm plans to develop a boutique luxury condominium building with retail space on the ground floor. <\/p>\n","protected":false},"excerpt":{"rendered":"Chinese property tycoon Zhang Xin, who built her fortune shaping China\u2019s skylines with commercial development firm Soho China&hellip;\n","protected":false},"author":2,"featured_media":11964,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[7440,5941,9488,5879,827,75,84,83,9,24,63,1491,5943,9487,4692],"class_list":{"0":"post-11963","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-manhattan","8":"tag-beijing","9":"tag-blackstone-inc","10":"tag-chang-lin-mao","11":"tag-chief-executive-officer","12":"tag-china","13":"tag-manhattan","14":"tag-manhattan-headlines","15":"tag-manhattan-news","16":"tag-new-york","17":"tag-new-york-city","18":"tag-nyc","19":"tag-real-estate","20":"tag-retail","21":"tag-soho-china-ltd","22":"tag-wealth"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/11963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=11963"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/11963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/11964"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=11963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=11963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=11963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}