Saturday, February 25, 2012

Manhattan's parks and waterview oasis

Battery Park is Manhattan's top neighborhood for parks, water views and recreation.  It is also Manhattan's newest neighborhood with about 10 new residential buildings, a brand new library, a new Goldman Sachs headquarters which attracts new restaurants and of course, new parks.

People are attracted to Battery Park because of the lifestyle.  For example, the running path along the water, access to the marina and of course, parks.  As such, Battery Park is an oasis in Manhattan.

The downside is that to buy, the carrying cost of common charges and taxes are double compared to other parts of Manhattan.  This is because Battery Park is on leased land.  People who live in Battery Park feel that the lifestyle it affords outweighs the higher carrying costs.  This is also why Battery Park has one of the highest household incomes in Manhattan.

Wei Min Tan is Founder of Castle Avenue Partners in Manhattan, New York.  He serves both local and foreign clients interested in buying condominium apartments in Manhattan.  He was most recently featured in New York 1 News on Hiring a Buyer's Broker.

Wednesday, February 15, 2012

Met's $60 million plaza

Plans for a $60 million outdoor plaza in front of the Metropolitan Museum of Art will turn the area, on Fifth Avenue between 80th and 84th St, into even more of a tourist mecca.  But Upper East Side residents are not welcoming it, stating that it's a residential neighborhood, not a hang out spot.


Sunday, February 12, 2012

Top New York restaurants

Top New York restaurants according to Forbes.  About right.  I love Bouley and Rosanjin.
  • Asiate
  • Blue Hill
  • Bouley
  • Corton
  • Daniel
  • Eleven Madison Park
  • The Four Seasons
  • Gilt
  • Gotham Bar and Grill
  • Gramercy Tavern
  • Jean Georges
  • La Grenouille
  • Le Bernardin
  • Le Cirque
  • The Modern

  • Per Se
  • Rosanjin
  • Strip House
  • Tocqueville
  • ’21′ Club

Monday, February 6, 2012

Hiring Buyer's Broker on NY1 News

Wei Min talks about hiring a broker when buying property on NY1 News.  Many don't realize a buyer's broker works for the buyer but the commission actually comes from seller.

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