According to the CentiMillionaires 2023 report, published by Henley & Partners in collaboration with New World Wealth, there are 28,420 centi-millionaires worldwide. This number is double what it was 20 years ago and 12% more than in 2022.
Purchasing luxury homes is not just an investment; it’s a status symbol that signifies success and foresight. Jeff Bezos and Ken Griffin are solidifying their positions as major players in the Miami real estate market, and they’re not alone.
The landscape of Manhattan’s real estate is experiencing a significant transformation as nearly half of the new luxury apartments built since 2019 remain vacant. This shift is attributed to changing preferences among wealthy buyers, seeking more affordable and less centrally located housing options.
Since the onset of the pandemic, a paradigm shift has occurred in the way offices operate, embracing a hybrid work model. The bustling daily commute of thousands in downtown New York has given way to a more sporadic return to office desks, significantly reducing the pre-pandemic workforce presence.
Property listed for sale in New York occasionally garner a negative reputation due to its high costs relative to limited space. Fortunately, there is a way to significantly mitigate these expenses through a mechanism known as a buyer’s rebate.
As an experienced real estate professional, we have enjoyed observing the dynamic development of the real estate market in New York, the city that never sleeps. This city provides a wide range of investment opportunities, each with its unique charm and potential for high returns. Let’s take a look at ten promising real estate investment options in New York City.
Dormant real estate in Manhattan offers a diverse range in price and style. Comprising approximately 25% condos, 65% co-ops (cooperatives), and 5% townhouses, there are few single-family real estate for sale on the island due to the dense population of Manhattan and its metropolitan style. Whether you’re an investor seeking income from your property purchase or a new resident aspiring to find a permanent home, it’s crucial to understand the types of properties accessible to you.
Will Brooklyn become the next Manhattan? Brooklyn is not just one borough, but rather a collection of unique neighborhoods with distinct cultures, lifestyles, and architecture. Some of these areas have acquired the status of exclusive and expensive.
Forty percent of the world’s financial institutions are controlled in New York, making the city a desirable destination for American and foreign tourists. While some only dream of visiting the Big Apple, others decide to buy real estate in this metropolis, even if it is incredibly expensive.
New York, the city of opportunity and hope, has become a global virus hotspot during the Corona pandemic. Everything that made New York special and charming suddenly disappeared.
What are the best sports bars and football pubs in New York? Many fear that they have to do without soccer in New York, as everything about baseball, basketball, and American football turns. These sports are clearly a higher priority in the US yet in most sports bars Bundesliga games, UEFA Champions League, as well as games of national teams. In New York, there is really everything the heart of each sports fan beats.
New York offers a wide selection of burgers and other fast food. It will be underestimated, but a good hamburger is a real work of art. The best burgers are of course in New York. Here is a list of the five best burger addresses in New York City.
In this section, we collect all the things we find and found amazing and noteworthy about New York and its inhabitants. It is ideal for building useless knowledge – but somehow is interesting.
Jogging in New York, for example through Central Park, along the Hudson River, or over the Brooklyn Bridge, will give you the feeling of being a real New Yorker. Personally, I sprinted at most to the front door when the pizzabote rings, but for those who appreciate a real workout, I have created a selection of the best jogging tracks in Manhattan. Did you know that some of them pass by the city’s most famous sights? If the New York Marathon is a bit too much for you, but you want to work in the city still sporty, the following tips are just right for you.
Artist Phil Ross’s MycoWorks made history by unveiling the first-ever commercial mycelium-based synthetic leather production facility on September 20, 2023.
The Grand Central Station in the heart of Manhattan is the pulse of the city. It fathers people here, it’s loud, full and everyone seems to be under time pressure. Unfortunately, most people forget how much iconic the building they are located in is.
In addition to the Big City, New York is known for its amazing landscapes, beautiful lakes, and numerous small communities. The culture of American small towns is strong throughout New York, from centers of art to rural farm towns.
Brooklyn is becoming increasingly popular in New York. Especially with the tourists who were as we were several times in the city and want to discover new corners and neighborhoods.
The famous art and design school has its roots in Weimar, Dessau, and Berlin. But Bauhaus greats such as Walter Gropius and Ludwig Mies van der Rohe also left their mark in the USA.
It seems as if there would never be a bad time to eat ice cream. Luckily, there are many ways in New York to pamper your palate with a little cold, creamy, and delicious!
