'How fast could you sell this?' Russian elites scramble to move, sell assets to get ahead of international crackdown
CNN
The impact of coordinated sanctions on Russia has sent shockwaves through the Russian elite as oligarchs, some targeted and others taking steps in anticipation of what could come, look to move yachts, shed assets and adapt to a wave of sanctions that have come swifter than usual, and are more expansive than before.
The calls came from New York and Miami, two hot spots popular with wealthy Russians, a possible sign of what may become the rapid sale of luxury homes, beachfront properties and apartments in the cities' skylines as Russians scramble to get ahead of international sanctions.
"People like that have their handlers call," Elliott said of the Russian owners. They asked, "'If I was to sell, how fast could you sell this and how fast could you sell that?'"