Condo Madness - Manhattan and Miami

Nest Seekers International Capitalizes on the Miami – Manhattan
Real Estate Markets

April 24, 2005, (New York, NY) – Focusing on the vibrant cultures of Miami and Manhattan with their fast-appreciating real estate markets, Nest Seekers International announces the opening of its real estate office on Brickell Avenue, the Miami thoroughfare synonymous with style and luxury. Simultaneously, Nest Seekers launched a marketing campaign for bridging Miami and Manhattan condo markets led by the slogan “Save the airfare – make Nest Seekers your connection to South Florida!”

Nest Seekers International is facilitating clients’ demand for real estate by acting as dual Manhattan and Miami brokers. Nest Seekers has clients from all over the East Coast who take the 2-hour flight back and forth between the two cities, inspired by South Florida’s sunny beaches, ocean views, low taxes and retirement communities and Manhattan’s vibrant cultural arts scenes, nightlife and wealth of business opportunities.

“Nest Seekers real estate clients want the best of both Miami and Manhattan – designer condos created by developers and architects of world-renown such as Trump International, The BBB Group, and Philippe Starck. We help them realize that their investment dollars are safe with the top properties we house them in,” said Nest Seekers Chief Executive Officer, Eddie Shapiro. “Nest Seekers has relationships with the hottest condos in both cities – that offer luxury health clubs, pools, gyms, concierge and spa services. And with ocean-front land ever-decreasing, this is a prime time to buy in South Florida – Miami and even Fort Lauderdale – when there are excellent pre-construction units and finished condos ripe for the picking.”

According to the Association of Foreign Investors in Real Estate (AFIRE), New York City and Miami are two of the top five global cities receiving foreign investment capital. Both are first destination U.S. cities for world travelers, with Miami as a major travel hub for South Americans from Brazil, Uruguay, Cuba, Argentina and Peru.

“We are taking the global port destination cities of New York City and Miami to a whole new level by encouraging our global network of clients to invest in real estate in both cities,“ continued Mr. Shapiro. “Our Nest Seekers Miami and New York teams of over 150 real estate sales agents and brokers conversant in multiple languages have the distinct upper hand in handling our global clients’ unique housing needs.”

A recent Enterprise Florida reported global trade in Miami as topping $50 billion since 2002, due in large part to the city’s location and 14 deepwater ports, 20 international airports and a mature trade infrastructure that includes many multinational banks and more than 100 consulates and trade offices.

“It has been well-known that Manhattan residents have secondary homes in Florida and vice versa. South Florida has over 1000 people a day from all over the world flowing into its beaches, hotels and establishing residencies. Those who are interested in retiring in South Florida are by far the largest group of real estate investors in the area – and they are not speculators,” said Mr. Shapiro. “These are people who want to live in the area for the next 15 years and have a home for their children and grandchildren to visit. Many of them are from all over the East Coast – from New York City, Boston, Connecticut, New Jersey, Rhode Island – and even from the cities with the harshest winters of the Midwest and Canada – Chicago, Cleveland, Pittsburgh, Minneapolis, Montreal and Toronto.”

Nest Seekers works with European and multi-national investors who are attracted to Manhattan but not to its cold winters by encouraging them to purchase multiple investment homes in different parts of the world. “Since Miami is the Manhattan of the south – these two condo markets present the perfect investment opportunity. Why not own a condo in both?” said Mr. Shapiro.

About Nest Seekers International:
www.nestseekers.com
Nest Seekers International is a real estate brokerage firm with four boutique offices in prime New York City and South Florida locations. Led by CEO Eddie Shapiro, Nest Seekers has over 150 real estate agents, in-house staff and a management team of top sales and marketing professionals. The company specializes in residential and vacation home sales, rentals and corporate relocation for the modern “nester.” Nest Seekers’ commercial sales and leasing team facilitate real estate transactions worldwide. Its Cross-Media Marketing Group creates leading-edge advertising and promotions for new developments by utilizing technologies such as 3-D and Flash along with the latest in print and Web design. Nest Seekers’ mission is to provide superior real estate services as global brokers in local urban markets.

Public Relations Contact:
Kristina Natasha Lanuza
Vice President, Public Relations
Nest Seekers International
T 646.443.3722 (direct)
M 917.930.1736
kristinal@nestseekers.com