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

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| www.grandeinvest.com2

Location of properties: New York, NY

Financial District

Midtown East

Midtown West

Murray Hill

Turtle Bay

Flat Iron District



• 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.”



Properties Currently Available For Sale



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




Price: $585,000


Type: studio/ Ba 1

Monthly cost: $498





Neighborhood: Midtown East

Price: $675,000

Interior SqFt: N/A

Br/Ba: 1/1

Monthly cost: $1193






Price: $625,000


Type: studio/ Ba 1

Monthly cost: $1181






Price: $785,000


Br/Ba: 1/1

Monthly cost: $1319






Price: $648,000


Type: studio/ Ba 1

Monthly cost: $847






Price: $789,000


Br/Ba: 1/1

Monthly cost: $1231





Neighborhood: Midtown West

Price: $650,000


Type: studio/ Ba 1

Monthly cost: $1380





Neighborhood: Midtown West

Price: $949,999

Interior SqFt: N/A

Br/Ba: 1/1

Monthly cost: $1400






Price: $995,000


Br/Ba: 1/1

Monthly cost: $1637






Price: $799,999


Br/Ba: 1/1

Monthly cost: $1682





Grande Global Group

Americas Headquarters:Seagram Building375 Park Avenue26th FloorNew York, New York USA 10152Ph: +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 6329M: + 86 151 01567 257Skype: GrandeOrg.Asia

www.the-grande-org.comwww.grande.property/CN

http://www.the-grande-org.com/

http://www.grande.property/CN