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Ety Lee, senior director, and Peter Hauspurg, co-founder, chairman and CEO

Eastern Consolidated guides investors into local property market

Peter Hauspurg knows New York City like the back of his hand. So when he co-founded Eastern Consolidated 34 years ago, the chairman and CEO of the full-service real estate investment company adopted early on a business model that addresses the nuances of the market. Fast-paced, culturally diverse and an expert off-market broker, Eastern Consolidated enables clients to partake in the global city's booming commercial property market in locations such as Manhattan, Brooklyn and Queens.

Supported by:Discovery Reports

Peter Hauspurg knows New York City like the back of his hand. So when he co-founded Eastern Consolidated 34 years ago, the chairman and CEO of the full-service real estate investment company adopted early on a business model that addresses the nuances of the market. Fast-paced, culturally diverse and an expert off-market broker, Eastern Consolidated enables clients to partake in the global city's booming commercial property market in locations such as Manhattan, Brooklyn and Queens.

"New York City has always been a little different than the rest of the United States and perhaps the rest of the world in that more than half of the sales done here are off-market, meaning buyers and sellers do not use exclusive agents," Hauspurg says. "Many investors, such as the Chinese, do not hire brokers, but they trade lots of properties. As such, we are designed to act quickly to facilitate such situations when they occur."

The leader in New York City's mid-market space effectively supports the continuing rush of investors from the mainland, Hong Kong, Taiwan, Singapore, Malaysia and South Korea with a suite of special services. 

Its more than 75 seasoned real estate brokers work collaboratively across three divisions of investment sales, retail leasing and capital advisory to give clients the best price for their property, find the right tenant for their retail space, or secure the most attractive financing package for their development project.

The team is fluent in 15 languages, including Putonghua and Hokkien, has expertise in state property tax rulings, and has instant access to accurate last-minute price data. "New York is one of the safest and most profitable markets in the world for your capital," Hauspurg says. 

"A terrific store of value, properties here display remarkable appreciation, yet remain highly liquid at the same time."

 

Eastern Consolidated: http://www.easternconsolidated.com
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