4 Search Tactics for Manhattan Real Estate

Jan 18, 2018 7:42:00 AM

When a foreign buyer is looking for Manhattan real estate for sale, one of their biggest concerns is ensuring they’re truly seeing the properties that are the best fit for them. In such a vast market, with so many properties listed and sold each day, a foreign buyer wants the confidence that their broker is directing their attention to the right opportunities, and has the connections and abilities to seek them out. If you’re considering buying property in Manhattan, but don’t live inside the United States, here are some search tactics you and a broker can use to help you find the perfect property from abroad.

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Tax Rules for Foreigners Buying Property in the United States

Jan 18, 2018 6:04:00 AM

Buying residential property in another country can be intimidating, but with the right broker partner, foreign citizens buying property in the United States have little to worry about. Foreign citizens are legally allowed to buy residential property in the United States, but they will have to follow certain tax rules both in the US and possibly in their home nations. Just because a buyer is a nonresident doesn’t automatically mean they must pay additional taxes. Some of these taxes might even be paid by a U.S. citizen, too, under certain circumstances. Here’s the US property tax specifics that foreign and luxury buyers need to be aware of when shopping for homes in Manhattan and Miami.

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Tax Reform Effects on Real Estate Investors and Home Owners

Jan 17, 2018 2:09:43 PM

Now that tax reform has been passed by the US Congress, we know for sure that some people stand to gain significant wealth from the new tax rules that will be implemented in 2018. As a general matter, the new law is expected to be very favorable to investors of real estate and the wealthy, regardless of whether you are in a high-tax state or not.

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Different Types of Manhattan Real Estate For Sale

Jan 11, 2018 7:30:00 AM

The residential real estate market of Manhattan presents a lot of variety both in price and style. Comprised of about 25% condos, 70% co-operatives (co-ops), and 5% townhouses, the population and metropolitan style of Manhattan means there aren’t many single-family homes for sale on the island. No matter whether you’re an investor looking to make income off your property purchase, or a new resident hoping to find a forever home, you’ll want to know what types of property are available to you. Below is a breakdown of the Manhattan market to help you get a sense of the city’s many offerings.

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Four Rules for Foreigners Buying Property in the U.S.A.

Jan 9, 2018 2:00:00 PM

If you are living outside the U.S. but considering a move stateside, you’re actually in luck. The housing market in the United States is extraordinarily friendly and convenient to any foreign persons who want to invest in property throughout the country. The American government doesn’t maintain restrictions or charge hidden fees, such as extra stamp duties, to a non-citizen seeking out a home or smart property investment in the country. In fact, the experience of home buying in the U.S. may not differ too wildly from the experience in your home country. That being said, there are four rules any foreign investor needs to keep in mind as they begin their search for property in the United States.

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217 West 57 Street | Central Park Tower

Dec 9, 2017 4:50:33 PM

YIMBY has the latest renderings for Extell's Central Park Tower at 217 West 57th Street, which will soon become the tallest skyscraper in Manhattan by roof.

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Top 5 Reasons to Invest in Real Estate

Nov 30, 2017 9:46:59 AM

If you're looking for a solid investment, you have many choices. Over many years, however, real estate has been one of the most popularly and widely recommended investments. There are quite a few reasons for this. Before investing, it's important to consider your unique needs, personality, and budget. However, real estate is an investment worth considering regardless of your situation. Let's look at the top 5 reasons to invest in real estate. 

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New York Real Estate Prices are Fairly Valued by UBS

Nov 17, 2017 6:48:43 AM

The annual UBS Global Bubble Report revealed that once again New York real estate prices are fairly valued. UBS economists analyzed the data of 20 financial centers, of which New York, Boston, Milan and Chicago were determined not to be either fairly valued or under valued. The remaining 16 cities were either classified as either in bubble territory or over valued.  

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The Return and Demise of the 20 Year Tax Abatement in the Manhattan Condo Market

Nov 7, 2017 6:36:48 PM

A rare 20-Year tax abatement has popped up in Manhattan at a handful of condominium projects across the city at:

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How will President Trump affect US Real Estate?

Nov 10, 2016 9:52:00 AM

Never before has America had a New York City property developer and real estate broker (yes, he has a NYC broker’s license) sitting in the White House. While many of us may not agree with Trump’s behavior and policy positions, one thing for sure is that Trump will be pro-property and pro-real estate.

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