“You are unlikely to bump into neighbors wandering the halls because only about a third of the owners live there at any one time,” explains the paper of record about one of several buildings in New York City full of condos purchased by shell companies and rarely lived in by human beings. “The building’s annual holiday party is a lonely affair,” not only because no one’s home, but also because a lot of the owners are, uh, not inclined to show up in public. On the advice of their lawyers.
One of these guys, Wang Wenliang, is on the board of NYU.