Why Invest in New York

Top Reasons to Buy Manhattan Real Estate

The Capital of the World

New York is the most populous city in the United States and the center of the New York metropolitan area, a global power city that exerts a significant impact upon commerce, finance, media, art, fashion, research, technology, education, and entertainment. Situated on one of the world's largest natural harbors, New York City consists of five boroughs, each of which is a separate county of New York State: Brooklyn, Queens, Manhattan, The Bronx and Staten Island.

Tourism

Tourism in New York City serves over 56 million foreign and American tourists each year including day-trippers. Major destinations include the Empire State Building, Ellis Island, Broadway, museums such as the Metropolitan Museum of Art, and other tourist attractions including Central Park, Washington Square Park, Rockefeller Center and Times Square. The Statue of Liberty is a major tourist attraction and one of the most recognizable icons of the United States.

Transportation

New York City has a transportation system which includes one of the largest subway systems in the world; the world's first mechanically ventilated vehicular tunnel; and an aerial tramway. New York City's airport system, which includes John F. Kennedy International Airport, LaGuardia Airport, Newark Liberty International Airport (located in New Jersey), Stewart Airport and a few smaller facilities, is one of the largest in the world.


Finance

New York City is one of three "command centers" for the world economy (along with London and Tokyo). New York City also controls 40 percent of world’s financial transactions and has 44 of the Fortune 500 companies located within the city.

Education

Since 2005, the city has had the lowest crime rate among the 25 largest U.S. cities. Furthermore, education opportunities are excellent in this city. The city's public school system, is the largest in the United States. Not only are the public schools exemplary, world class universities such as Columbia University and New York University reside in New York City.

Competitive Real Estate Market

New York City is one of the most stable real estate markets in the world because it is both highly transparent and under-leveraged. To own a property in NYC, people have to be financially responsible. Many analysts expect median market prices in Manhattan to rise by ten to thirty percent in the next five years. Some of the world's tallest residential towers like 432 Park Avenue (completed in 2016), One57 (Completed in 2014) and Central Park Tower (with completion set for 2019) are located in Manhattan, with more affordable prices per Square Foot compared to London, Tokyo and Monaco.