New York : One of the Best Real Estate Destinations
 

New York City , (officially the City of New York) is the largest city in the United States and one of the world's major global cities. Located in the state of New York, the city has a population of over 8 million within an area of 321 square miles (approximately 830 km²), making it the most densely populated major city in North America. With a population of 18.7 million, the New York Metropolitan Area is one of the largest urban areas in the world.

New York City is an international center for business, finance, fashion, medicine, entertainment, media, and culture, with an extraordinary collection of museums, galleries, performance venues, media outlets, international corporations, and financial markets. The city is also home to the headquarters of the United Nations, and to many of the world's most famous skyscrapers.

Popularly known as the "Big Apple" and the "City That Never Sleeps", the city attracts people from all over the globe who come for New York City's economic opportunity, culture, and fast-paced cosmopolitan lifestyle. As of June 2006, the city was distinguished for having the lowest crime rate among major American cities.

New York’s diverse location choices range from sophisticated urban centers to rural and wilderness settings, providing residents a spirit and energy that is difficult to match. Upstate New York offers an easy commute, a reasonable cost of living and many national treasures for you to explore.

The Adirondack Mountains to the east, Niagara Falls to the west and the hustle and bustle of the world financial capital of New York City creates a unique contrast. The city’s contagious energy and excitement put it on the cutting edge of civilization. Over the past decade, the city’s beauty, history, culture and people have rejuvenated this tour capital of the world and made it an even more intriguing place to live.

Residential Communities Many Residential Communities of New York City express character distinct from that the skyscrapers of the commercial cores. These include brownstones row houses and apartment buildings which were built during the city's rapid expansion from 1870-1930. Between 1870-1930 one might say that Stone and brick became the city's building materials of choice after the construction of wood-frame houses was limited in the aftermath of the Great Fire of 1835. Unlike Paris, which for centuries was built from its own limestone bedrock, New York has always drawn its building stone from a far-flung network of quarries and its stone buildings have a variety of textures and hues. In the days before rail, stones were floated down the Hudson River or along the Atlantic Seaboard from pits in New England. Later, trains brought marble from Vermont and granite from Minnesota. The United States Custom House, built in the early 20th century at Bowling Green, contains at least 20 varieties of stone.

Beyond the 1950s, federal housing projects dramatically changed the city's appearance. New large scale (frequently high-rise) residential complexes replaced older, frequently troubled and sometimes valuable, communities at times removing artifacts and landmarks that would now be of even greater value. During this period, many of these new projects were completed under the guise of urban renewal by the famed and powerful Robert Moses. Urban Renewal has been held in great contempt and the resulting housing projects have been considered a failure. This is partially because of lacking maintenance and inconsistent funding.

Beautiful residential buildings can be found on Fifth Avenue and Central Park West, surrounding Central Park from both sides. Riverside Park also has many respected old-money residential buildings.

This spring, the Manhattan residential real estate market also appears to be rosy, but the predominately blue skies of the residential world are not completely cloud free. Although fears of a real estate bubble in New York City have practically vanished, worries about the impact of rising interest rates on property values continue. However, more reassuringly, recent statistics actually show that the average price of a Manhattan apartment today has increased from last year.

New York home owners enjoy a spectacular and variegated selection of real estate and homes for sale. House values and home prices and a wide array of real estate listings are available to new and prospective residents. City dwellers can find a home in the incomparable Manhattan, families looking for quiet communities may search for listings in lovely New York communities such as Patterson Township coastal dwellers can find beautiful homes in towns such as Long Beach and nature lovers can make a home in beautiful Rye. New York real estate includes everything from stunning estate properties, to cabin homes, to oceanfront houses to to cozy modern single-family homes and trendy.


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