Tuesday, March 29, 2016

5 Things To Know About New York's LLC Disclosure Rule


By Wei Min Tan

1.  What is the new rule?
New York is piloting a new disclosure rule that requires LLCs to disclose the names of its members.  This new rule, on a test run, will take effect from March till August 2016.  The rule is aimed at uncovering money laundering activity.

2.  What types of property are affected?
The rule will only impact transactions involving:
(i) all cash
(ii) property priced at $3 million or higher
(iii) LLC (limited liability company) ownership

Wednesday, February 3, 2016

Interviewed by DNAinfo: 5 Things To Know About How Foreign Buyers Affect Local Real Estate


By Amy Zimmer | January 26, 2016 7:12pm 

Sunday, January 31, 2016

3 Strategies When Investing In New York Condos


The core of the Manhattan, New York residential condominium market for investment purposes lies in the $1 million to $4 million price point.  This segment represents the studio to 3 bedroom sizes which are most in demand.  Anything larger than a 3 bedroom in Manhattan is a mansion by our standards.  Here are three strategies we use when recommending investment buys to our clients.

http://castle-avenue.com/New-York-property-investing-strategies.html

Tuesday, January 26, 2016

Manhattan property 2016 outlook on Sino Vision's Living In NY



Interviewed about the 2016 Manhattan property outlook by Sino Vision's Living in NY TV show.  


Wei Min Tan is a property broker focusing on Manhattan, New York luxury condominiums and foreign buyers.   He is often interviewed by the media including CNN, The New York Times and The Wall Street Journal on the subject of foreign buyers of Manhattan property.  Wei Min can be reached at +1.212.380.6134, tan@castle-avenue.com

Thursday, January 7, 2016

Manhattan condominiums outperformed in 2015


By Wei Min Tan
​Jan 7, 2016

Global investors who have already invested in a Manhattan, New York condominium have reason to be cheerful.  In 2015, Manhattan condo apartments far outperformed major global indices.

Sunday, November 29, 2015

The New New York Skyline


Good visual of new Manhattan buildings being built, in National Geographic article, The New New York Skyline.

Monday, November 2, 2015

New Property Projects in Manhattan 2015


111 Murray in Tribeca


111 Murray is Tribeca's new super tower, expected completion 2018.  Designed by Kohn Pedersen Fox, 111 Murray rises to 800 feet and 64 stories, culminating with a distinctive crown at the top.  It is located one block from the World Trade Center and across from Goldman Sachs.

One bedrooms start at $2 million and 2 bedrooms between $4.5m to $5m.

Website:  111 Murray