Living with New York City Real Estate

If you have ever looked for a place to live, you know how hard it is to find just what you want. When looking for living space in New York City, the task can seem nearly impossible. People who invest in real estate for income know that it may take time before they see a return. Historically, landlords were usually thought to be rich and had nothing better to do with their money. Times have changed and more and more people are investing in rental properties. There are pros and cons to every investment and rental property is no different. In a city like New York City, there are so many companies that rent spaces for living. Some of the really big names include: -Donald Trump -Stephen Ross -Richard LeFrak -Joe Sitt These names are associated with some of the wealthiest men in New York City. Some have been in the real estate business for decades. Families have built their name and wealth on property management in New York City. New York is a city that offers so much in the way of renting living space. Space is a hard commodity to come by in large cities, so property owners can enhance their income from rentals. Although there are many benefits to being a land lord in New York it is a very competitive market. So if you are looking to invest in rental property what do you look for? You want to make sure that whatever investment you make you can make money on that particular property. Follow blogs and news to determine where and what people are looking for. Larger spaces bring larger monthly incomes, but also larger amounts up front. Property that does not need too much work is really ideal. Other things to consider when purchasing rental property might be neighborhood, property taxes, school districts, crime, the local job market, amenities, and future development. All of these factors can determine how well your property will lease. Established developers in New...

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Touch the sky in NYC

Why is New York City such a popular tourist attraction? Certainly one reason is it’s deep roots in history during the American Revolutionary War, but most people flock to this great city to get an eyeful of the Big Apples’ greatest attribute: Skyscrapers. New York City is the second largest city with the most completed skyline in the world, which makes for very impressive, and overwhelming, tourists attractions. Here are just a few of the most iconic buildings to see. The Chrysler Building: The world’s tallest building for a spell, until 1931 when it was surpassed by the Empire State Building, the Chrysler Building is home to several well-known firms and organization such as Blank Rome. It has been featured in several films, like Men in Black III and Armageddon. The unique, spiky ornamentation of the top of the building is unlike any other building in the world. Empire State Building: One of the most iconic ESRT skyscrapers in the world, this unique art-deco building reigned as the world’s tallest building for almost 40 years. This building, equipped with a lightning rod that takes on average 100 strikes of lightning per year, started its cinematic debut in the 1933 version of King Kong. The people who visit the Empire State Building get to temporarily be in a different zip code, as the building has its own (10118). Since this is such a popular tourist site, you can run into all kinds of celebrities coming to see the sights, like Ashanti or Heidi Klum. The Flatiron Building: One of the most visually recognizable buildings in North America, this building resembles a clothing iron from above in the middle of Manhattan. Built in 1902, it is the tallest triangular shaped building in the world, being that it is wedged in the space between Fifth Avenue, Broadway, East 22nd and 23rd Street. This iconic building is easily recognizable since it has shown up in a number of American movies and TV series, such as sitcoms Veronica’s Closet,...

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