From nytimes:
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Friedman, has sold three trophy estates, ranging from $13.28 million to $36.5 million, to Chinese buyers in recent years. “I had one buyer who never saw the house before he bought it — he came to the closing at the lawyer’s office, which was in the same town, but hadn’t even seen the home.”
Top: Tina Wang and Andrew Wu of Daniel Gale Sotheby’s International Realty in Port Washington
Bottom: Theresa Wang with her daughter, Tian Tian, at home in Old Westbury,
Ms. Wang’s home is in the desirable Jericho Union Free School District, where the public high school is ranked 13th in according to U.S. News & World Report.
“I was recently at an open house, and three Chinese couples came, and the only words they knew in English were ‘Jericho schools,’ ” said Barbara Candee, a manager at Daniel Gale Sotheby’s International Realty who has sold numerous properties in Long Island to Chinese buyers. “It is a huge selling point.”
While Ms. Wang wants to remain within the Jericho school district, she has decided her home is too big for a family of two. The house has more than 7,000 square feet with six bedrooms, and four acres of grounds, with a tennis court and in-ground swimming pool. She purchased it with some of the furnishings, including the oil painting of a hunting dog above the fireplace in the den, and the complex audiovisual equipment in the media room that she has never used.
