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
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
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.”
Thursday, July 24, 2014
Chinese homebuyers are flocking to these
Chinese buyers are now the biggest international players in the
housing market and some states are seeing billions of dollars in real estate deals as a result. U.S.
Wednesday, July 16, 2014
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
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.