ARTICLE in “THE NEW YORK TIMES” informs on Bucharest period property market

The article is entitled In Bucharest, a Flourishing Housing Market, published in October ’07, but still particularly relevant for the Bucharest period property market. NYT journalist Jon Gorvett reports on the experiences of American expatriates living in the city:

Leslie Hawke, mother of Ethan Hawke, the actor, is one such resident. She moved here seven years ago and now lives in a rooftop apartment on the city’s main street, Calea Victoria.

It’s Bucharest’s Fifth Avenue,” she said, looking down from her 45-square-meter (485-square-foot) terrace, which curves around her apartment. “It has all the major department stores and museums, palaces and squares.”

He also mentions the heterogeneous architecture of the city in which prime place is taken by French 19th century urban styles that imprint Bucharest the well known character of “Little Paris”:

Spreading out below her apartment is the eclectic jumble of downtown. And across the rooftops are the onion domes of a Russian church rising above 19th-century French-style apartment buildings. This is Europe’s sixth-largest city, with a population of 1.9 million.

Ms. Hawke’s 1930s-era apartment has 95 square meters (over 1,000 square feet) of living space, with a large living room, kitchen, two bedrooms and a bathroom, and is just a few minutes’ walk from her office.

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