The New York Times recently ran a story that is probably something real estate investors are very happy about. The price for real estate in New York is continuing to climb higher. The hot real estate areas are next to Central Park, Manhattan, and Brooklyn. Old records were shattered and new records were set in sales. Real estate professionals agree that this was a record year for real estate sales in New York. Even Brooklyn sales were off the charts. Now, the area is a highly sought after address for a business and a residence.
Real Estate Future Looks Bright
Indeed, the market for real estate is booming in New York City aparments for sale. Furthermore, the search for luxury property is also on the rise. The fact is that the wealth is out there to buy those high rise penthouses or luxury commercial buildings. The good news is that the inventory is out there to satisfy those eager buyers. Sales are all over the place. However, there was significant growth with condominium sales. A lot of the buyers were also foreigners. For example, China is one country that has an eye on a lot of the real estate in New York City’s finest luxury condominiums and other properties.
About Town Residential
How do you find the best luxury properties in New York City. Well, the obvious choice is to work with Town Residential. They are one of the leading Luxury Real Estate Firms in the city. The firm was started back in 2010 by CEO and founder Andrew Heiberger. The firm is co-chaired by Joseph Sitt.
They have risen to the top of the real estate market and attracted numerous clients looking for high end properties. Their knowledge and grasp of what the client wants has made them stand out in the real estate market.