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

New York City is one of the most stable real estate markets in the world because it is both highly transparent and under-leveraged.
 
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.”

Thursday, July 24, 2014

CNN mention on Chinese investors coming to U.S.


Chinese homebuyers are flocking to these U.S. states



  July 23, 2014: 5:11 PM ET
 NEW YORK (CNNMoney)

 

Chinese buyers are now the biggest international players in the U.S. housing market and some states are seeing billions of dollars in real estate deals as a result.

Wednesday, July 16, 2014

5 Tips On Buying Apartment In New York

New York's position as a top global city has always attracted property investors both local and foreign.  To local New Yorkers, they believe in New York (which is why they live here in the first place) while to foreigners, New York is recognized as a safe haven for asset diversification.  

Tuesday, July 15, 2014

Why invest in New York property

Analysis and commentary on why invest in New York property.

Asian American New York Property Agent


Wei Min Tan is a Manhattan property agent often interviewed by top media such as CNN, New York Times, Wall Street Journal and NBC.   He focuses on condominium apartments and serves global investors interested in asset diversification through Manhattan property.  

Thursday, July 10, 2014

Top mistakes when investing in Manhattan apartments

Property investment is a subject that has been written about in so many books that following the advice to the book can be risky.  Given the large amount of money involved, especially with a Manhattan, New York apartment, it's important to make decisions at a local level.

Here are top mistakes we observe (and correct) with our investor clients.

1. Assume it's all about location:
The old saying of location, location, location holds true for the most part, but not always.