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Manhattan New York Investors Must Read!
We talked with a lady from Dubai today who is looking to purchase a condo investment here in Manhattan New York because she believes now is a good time to invest in Manhattan New York.  I can definitely appreciate her views as we are seeing a lot of sale activities in this market and many of our serious buyers are finding good long term investments with our help.
We discussed her investment goals and we will stay in touch via emails until she arrives in New York in two weeks. Before we hang up the phone, she asked me what determines a good Manhattan New York condo investment.
Below are the three big points in my suggestions to her:
Location: Convenient location for public transportation, New Yorkers rely on public transportation such as subway, trains and buses.  If the building is near a subway station, the condo is much easier to rent out or resell in the future. Nobody ever complains about having too many transportation options, but they definitely complain about having to walk 15 minutes just to get to a subway.
Carrying charge: Assuming this is an all cash purchase with no mortgage payment. The owner (or ... more

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