Don't be fooled by appearances. The alley in picture is the site of the future ultra chic Beekman Hotel and luxury 5 Beekman Street condos.
Check out the 3Q Manhattan condo update:
Wednesday, November 5, 2014
Tuesday, November 4, 2014
The 18 Essential Hotels (Curbed.com)
The 18 Essential New York Hotels - Curbed.com
Tuesday, November 4, 2014, by Jessica Dailey
It seems like a new hotel opens every week in New York City—by the end of the year, there will be some 90,000 hotel rooms here—which makes it an exceedingly difficult and rather overwhelming task to answer the question, "Where should I stay in New York City?" Curbed's guide of need-to-know hotels seeks to solve this conundrum, with a list of the city's 18 most iconic, essential hotels. This iteration of the Hotel 18 aims to balance the collection of age-old classics (like the famed Plaza and Waldorf Astoria), with a couple newbies (welcome to the club, Viceroy New York) and affordable, but not generic, options (sorry, no Gene Kaufman or Sam Chang creations here). Eligible hotels have been open for at least one year. We're constantly seeking input for future revisions, so let us know in the comments or on the tipline if you disagree with the list.
New York property buyer's agent
When buying New York property, engaging a buyer's agent is the first step, because in New York, seller pays both sides' agent commission. Regardless of whether the buyer is represented by an agent, the commission has already been factored into the price.
Tuesday, October 28, 2014
Foreign Buyers of Manhattan, New York Property - Overview
1.0 Overview for the foreign investor
1.1 Why New York
1.2 Can foreigners buy in Manhattan, New York?
1.3. What type of properties are popular amongst foreign / international buyers?
1.4 What are expenses associated with owning a property in Manhattan?
1.5 Financing for foreign / international buyers
1.6 Cash buyers
1.7 Transaction costs
1.8 Taxes, taxes, taxes
1.9 How does the fee work when buying/selling?
1.10 How does the agent fee work when renting?
1.11 Should I use more than one agent?
1.12 What are the best areas for investment?
1.13 Does buyer have to be in New York for the closing?
Tuesday, October 14, 2014
Interviewed by Brick Underground in "Williamsburg is not in Manhattan and 6 Other Foreign Buyer Misconceptions"
Top misconceptions and surprises of foreign buyers.
- Most apartments are not for sale
- Prices are comparatively low.
- Wow, this studio would be a 2 bedroom in my city!
- Williamsburg is not in Manhattan.
Read the article, Misconceptions and surprises of foreign buyers.
Friday, September 26, 2014
CNBC interview with Brian Sullivan on Manhattan real estate
Talking
Numbers - CNBC | Yahoo Finance
What ritzy Manhattan real
estate says about stocks
The already scorching-hot
New York City real estate market surpassed its latest milestone this week, when
news emerged that an apartment in Manhattan’s posh Upper East Side neighborhood
would go on sale for $130 million. That makes the triplex penthouse apartment,
in a building yet to be built, the most expensive New York apartment listing
ever.
For some, these
types of milestones reflect the stimulative policies of the Federal
Reserve. The Federal Reserve’s easing measures have decreased interest rates
and increased asset prices, which provides an even bigger boon to the
wealthy and make borrowing money less onerous.
Thursday, August 14, 2014
Business Insider interviews Wei Min in "5 Things To Do When Investing In New York Property."
5 Things To Do When Investing In New York City Real Estate
As a result, it's a hot
location for people looking to invest in property who don't necessarily plan to
live there.
“Everyone has access to the same inventory,” Wei Min Tan, a Manhattan
condominium buyer's broker for real estate firm Rutenberg Realty NY, explained to Business Insider. “In a
lot of countries the market is not so open and only one broker may have access
to those listings. Here, everyone has the same access.”
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