Role of a Buyer's Broker

A buyer's broker identifies good deals and advises on the Upsides and Downsides of each property. Then, negotiates price and brings in the team to close the deal. Glad to contribute to this NY1 segment.

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

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

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

@the_zim

MANHATTAN — As world economies and political situations shift, so too do their influence on New York City's real estate market.

Much has been made of the effect of foreign investors on driving up New York real estate prices, with some local real estate companies specifically soliciting foreign buyers for upcoming projects before soliciting New York residents.

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

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

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.

The New New York Skyline

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