Strategy: Investing in pre-construction new development

Investing in pre-construction in Manhattan refers to buying based on plans and renderings, before a property is completed. Often, developers start selling 2 years in advance of the anticipated completion date. New developments can either be a Ground-up construction or a Conversion.

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About:  
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums.  Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market.  Wei Min can be reached at tan@castle-avenue.com