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Tag Archives: purchase a condo

Why New Yorkers aren’t thinking twice before moving to Miami?

Why New Yorkers aren’t thinking twice before moving to Miami?

We’ve been writing about how the Tax Cut and Jobs acted signed by Trump in 2017, has made Miami an investment paradise for Tax Refugees (wealthy buyers investing in South Florida looking for a tax break). New York has been one of the best examples of how high tax immigration to the sunshine state. As a consequence, Florida is now the 3rd most populous state in the country.

However, this is not the only reason why people are moving to Miami and why the population has almost doubled since 1990. It seems logical for hard-working New Yorkers to think about their retirement and do the math of how long would their money last with the incredibly expensive lifestyle of the Empire State city compared to Miami.

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Posted by on May 9, 2019 in News

 

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How to filter your price range when buying a new home?

How to filter your price range when buying a new home?

Are you planning to buy your first house and don’t know what price range to search for? Or are you only curious about how much is your price-to-income guideline? Well, this was the main questions the study of Hosing Markets and Finance made by the American Enterprise Institute’s Center (A.E.I.) was trying to solve.

If you were trying to find a magical equation that gave you the specific amount you can spend on buying a new home, I am sorry to tell you that it is a bit more difficult than that.

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Posted by on December 20, 2018 in News

 

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It’s time to purchase in the W South Beach condo

A total of $7 million worth of condos were sold at the W South Beach just during the month of May. Opened two years ago, it managed to sell 128 units for a total of $215 million. David Eldestein, the developer and resident of W condo hotel noticed that 63% of buyers are foreign buyers and most of them are from Brazil. Eldestein lives most of the time in New-York but it’s the first time he uses one of his development as second home, a $3,5 million penthouse duplex with a private roof deck.
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Posted by on June 10, 2011 in News

 

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24th & Collins Model Unit

Just visited the new 24th & Collins, previously named the Gansevoort. Prices are almost half of what they were. They now start in the $650/sqft. Studios, 1, 2 and 3 bedrooms are available. The location is great, the amenities are wonderful. Only disappointment is that the windows are not hurricane proof so they installed shutters on every balcony. Check it out on my website here.

 
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Posted by on June 6, 2011 in News

 

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