Foreign Companies Becoming NYC Landlords

NEW YORK (AP) - For foreign companies in New York, it's a huge cost of doing business: Employees move to the city or come here on assignment, and the company has to put them up in temporary corporate housing that routinely exceeds $4,000 a month.
But a growing number of foreign firms are buying up high-end Manhattan condos and taking on the role of landlord themselves, brokers say. The companies, many from Europe