From The Real Deal: With fewer and fewer buyers willing to fork out tens of millions for New York apartments, developers are searching the world over for materials no one else has. In this market, buyers can be picky and creating something unique is a requisite for staying competitive. In an effort to lure well-heeled buyers, developers are going to forests in Austria, the south of France and even to find a particular type of Danish brick clay.
At 70 Vestry Street, for instance, Related Companies used stone experts to guide the purchase of more than $7 million in French limestone for the building. [more]