Welcome to New York City - by The Grande Organization

The Grande Organization
| www.the-grande-org.com
| www.grandeinvest.com
New York City Offerings:
Summer/Fall 2016 1

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Location of properties:
New York, NY
Financial District
Midtown East
Midtown West
Murray Hill
Turtle Bay
Flat Iron District

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• 2 million jobs in finance and business still drive the region – a big exposure to the world
economy.
• The biggest single industry in the region now is healthcare, growing twice as fast as
finance, Healthcare provides 100,000 jobs in the Bronx, 100,000 in Queens, almost
200,000 in Brooklyn, and is growing five percent a year.
• Population growth – expect 20% increases in key boroughs over the next three years.
• Overall, high home prices force the majority of people to rent in Hudson County,
Manhattan, Queens, Brooklyn and the Bronx, and rents are high compared to incomes -
this makes apartment buildings a good investment.
Why New York

New York Demographics
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• New York residential real estate is internationally recognized as a safe place to park cash.
• Stable low unemployment rate since 2009 - best time to invest in New York City real estate.
• In the fourth quarter of 2015 Manhattan was in a construction boom, with the inventory of
homes near the record low during the last quarter of 2013.
• With over 850,000 existing apartments about 5,500 are offered for sale.
• Rentals make up more than 75% of the apartments in the five boroughs. The rest are almost
all coops and condos.
• The median sales price is over $1 million with a studio condos prices as low in the mid
$500,000 range.

Why New York Remains A Popular Market For
Chinese Buyers/Investors
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• Chinese investment in U.S. commercial real estate increased 70% to $8.5 billion in 2015 from
2010 with $93 billion invested in residential properties.
• China ranked # 3 among foreign investors in commercial real estate around U.S. in 2015,
having outpaced Canada ($24.6 billion worth of investment) and Singapore ($14.6 billion).
• Chinese buyers outpaced investors from all over the world, purchasing $28.6 billion worth of
residential property in 2015 and besting Canada’s $11.2 billion and India’s $7.9 billion.
• $58 billion is still expected to be deployed into commercial real estate in U.S. between 2016
and 2020.
• New York has been a major focus and it’s the largest recipient of Chinese investment in
commercial real estate.
• Chinese firms set the table in New York, representing 56% of transaction volume (2010 –
2015), including $9.56 billion in commercial real estate over the last the five years.

New York Real Estate Market Trends: Expert Opinion
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“Asking rents in New York have reached historic highs in midtown south, mostly due to an increase in
demand. Buildings in terrific locations with great space will be in demand as companies look for sites that
protect employee retention and recruitment. It may encourage more investment, as real estate in the
United States offers higher and more sustainable returns than what is being offered overseas.”
“One of the great things about New York is that it attracts capital from all over the world. Time and time
again we've seen that as one capital source diminishes, another quickly replaces it. In the '80s we saw
capital investment from Japan; in the 2000s it was Europe and Canada; and since 2010 it has been China
and the Middle East.”
“Foreign capital flows accelerated from 10% of buyers on average to 20% in 2015, and to more than 35%
in gateway markets such as New York.. New York has become the "Treasury bond" of the global real
estate market. It is a safe place to invest their capital long-term.”

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Properties Currently Available For Sale

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Neighborhood: Financial District
Price: $690,000
Interior SqFt: 515 (48 SqMt)
Type: studio/ Ba 1
Monthly cost: $1277
Financing Available: yes*
*Financing subject to bank approval

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Price: $585,000
Type: studio/ Ba 1
Monthly cost: $498

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Neighborhood: Midtown East
Price: $675,000
Interior SqFt: N/A
Br/Ba: 1/1
Monthly cost: $1193

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Price: $625,000
Type: studio/ Ba 1
Monthly cost: $1181

12
Price: $785,000
Br/Ba: 1/1
Monthly cost: $1319

13
Price: $648,000
Type: studio/ Ba 1
Monthly cost: $847

14
Price: $789,000
Br/Ba: 1/1
Monthly cost: $1231

15
Neighborhood: Midtown West
Price: $650,000
Type: studio/ Ba 1
Monthly cost: $1380

16
Neighborhood: Midtown West
Price: $949,999
Interior SqFt: N/A
Br/Ba: 1/1
Monthly cost: $1400

17
Price: $995,000
Br/Ba: 1/1
Monthly cost: $1637

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Price: $799,999
Br/Ba: 1/1
Monthly cost: $1682

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Grande Global Group
Americas Headquarters:
Seagram Building
375 Park Avenue
26th Floor
New York, New York USA 10152
Ph: +1 212 634 7470
Asia Headquarters:
IFC (International Finance Center) Tower 2,
8 Century Avenue
36th Floor
Pudong New District, Shanghai China 200120
Ph: +86 21 6062 6329
M: + 86 151 01567 257
Skype: GrandeOrg.Asia
www.the-grande-org.com
www.grande.property/CN

Welcome to New York City - by The Grande Organization

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Welcome to New York City - by The Grande Organization