Time To Shop Manhattan, New York Property

Posted by Wei Min Tan on October 30, 2017

Publication:  TheStreet.com

 

Summary:  Wei Min’s article on why it’s time to take advantage of the property downturn and shop Manhattan property .

 

Excerpt:

Manhattan residential real estate has performed better than the broader U.S. real estate market and comparable major cities such as San Francisco and Los Angeles.

For potential buyers, now is the time to shop.  We are in an uncertain period where the Dow is at 10,000 without justifying fundamentals.  Unemployment is at 10%, the dollar is weak and inflation is coming.  Relative to the stock market and comparable major cities, Manhattan has performed well.  I’ll explain why, and I’ll tell you why it will continue to do so for the next decade.



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641 Lexington Avenue,
22nd floor,
New York, NY 10022





641 Lexington Avenue,
22nd floor,
New York, NY 10022





About Wei Min


  • Focuses on investors of Manhattan condominiums, interviewed by CNBC, CNN, Wall Street Journal, New York Times
  • Ex-Citibanker, managed $500 million portfolio
  • MBA, University of Illinois at Urbana-Champaign
  • Manhattan resident since 1999. Currently lives in Tribeca with wife and 2 kids
  • 352 burpees in 23 minutes, student of muay thai kickboxing

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