The archetype of the condo boom is the Time Warner Center. Marketed during the real estate malaise that followed the terrorist attacks of Sept. 11, 2001, the towers were heavily promoted to an international clientele. The Russians have come buying. Many of the apartments were purchased through shell companies, but a New York Times investigation identified at least 20 that have been owned by Russians or citizens of other former Soviet republics who, in all, invested more than $200 million in Time Warner Center condos. “This building has so many Russians, it’s unbelievable,” said Stratos Costalas, a real estate broker with Oxford Property Group who has sold apartments in the … Continue reading Stephanie Saul