Client Stories

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Non-US Parent Buying For Child
“Why waste money on high NYC rents, when we could buy?” This was Nancy’s thinking when setting out to buy a property for her daughter, Kimberly, who had been just accepted to NYU.
Nancy found the perfect home for Kimberly in a 2-bedroom condo in Greenwich Village, a two-minute walk to class. Trina uses the second bedroom when she comes to visit from Singapore. Odds are high that Kimberly will be working in the US upon graduation, making this a valuable long-term investment for the family.
Family Seeking Beachfront Property

Family seeking beachfront property

Rising crime rates at home in Sao Paulo had become a daily concern of Rafael and Fernanda, who feared for their children’s safety. Even beach towns around the city or in other parts of Brazil were crime-ridden, offering no respite on the weekends and vacations.
Rafael and Fernanda now own a 4-bedroom apartment in Miami, where their children can walk the streets day and night without fear for their safety. They often have family visit or stay at the apartment when they are back in Brazil. The openness and multi-cultural makeup of Miami Beach were great attracttions.

Retirement Planning

Robert had been living in Asia for the last 15 years, but had always planned to retire to the Upper West Side of Manhattan where Robert had lived for many years. Planning ahead, Robert was hoping to buy his retirement home well ahead of his move, rent it out, and finance at low rates.
Ultimately, Robert purchased a 4-bedroom condo in the Upper West Side. He obtained a mortgage and rented out the apartment for 5 years. Since retired, Robert has moved back to NYC, and into his apartment, in which he doubled his investment over 5 years.

Property Management

Dominque always wanted to buy an investment property in NYC, as he considered NYC to be one of the safest places to purchase a property. He was very concerned, however, was that he would not be able to address his tenant’s concerns, 4,000 miles away.
Using his buyer agent at Manhattan Miami Real Estate, he found a great 2-bedroom in Chelsea. He no longer worries about his tenants calling him, as his agent at Manhattan Miami is the tenat’s point of contact. Manhattan Miami Real Estate also sources new tenants and takes care of his property.

Investor looking to minimize capital gains tax

After 15 years of owning a small studio apartment in the Upper East Side, Suresh was ready to sell the property and trade it in for a much larger apartment in Chelsea, one he planned to use in a couple of years. Without planning, however, these separate transactions could result in a large capital gains tax bill.
Entering into a 1031 exchange, Suresh sold the old property and used that money to purchase a larger investment property in Tribeca. Following strict rules, Suresh avoided paying the capital gains tax on the old property by transferring the tax basis of the old property to the new property.

Irish executive relocating to Manhattan

Denise took a senior job with a tech startup in Manhattan and was looking to relocate from Ireland. While her preference was to purchase an apartment, Denise thought it would be best if she rented first so she could explore different neighborhoods, like Madison Square Park, West Chelsea, Meatpacking, NoHo, and SoHo before deciding on a final purchase.
Denise is now renting in a high rise in the Flatiron District, the center of tech in New York City and has fantastic views of Madison Square Park and the Empire State building, reminding her every morning of the opportunities that lie in NYC. Soon she will be buying her own NYC apartment.