Photographer: Victor J. Blue/Bloomberg

Why Israeli Investors See Cracks in New York's Most Expensive Buildings

  • Yields have climbed on Extell's corporate bonds sold in Israel
  • Developer says repayment won't depend on `super high' prices

Gary Barnett, the developer who touched off a luxury-condo boom in Manhattan, will play host next month to a group of Israeli bond investors who are worried about dimming global interest in New York City’s costliest homes. 

To continue reading this article you must be a Bloomberg Professional Service Subscriber.