An article that recently appeared in the The Real Deal discussed recent New York Luxury Real Estate statistics. The recent statistics demonstrate that the city is still a very popular place to settle. The fact is that people are scooping up real estate property and settling in the city and surrounding areas at a dramatic rate. New York Real Estate is definitely hot. Manhattan and Mid-town are home to luxury apartments and they are disappearing off the market. Furthermore, Brooklyn offers more affordable housing. That section of the city noticed a rapid decrease in real estate properties for sale.
Strong Real Estate Market
Industry insiders state that November was a very strong month for Real Estate properties in the city. Luxury residential properties were at the top of the list. Commercial properties saw rentals and leasing skyrocketing. Furthermore, the asking price for commercial properties rose significantly too.
Thousands of new residents settle in New York yearly. Those new residents require a place to settle down. Therefore, they search for a real estate firm with expert knowledge of the city and all the different sections. Town Residential is one of the top luxury real estate firms in the city. In fact, they are one of the most well-respected firms in the country.
However, they’ve managed to quickly gain great respect as one of the top luxury firms in the city. This includes luxury residential properties along with commercial properties. Their firm includes a team of very knowledgeable real estate professionals that are very familiar with the city and surrounding areas. The firm manages to gain and keep the respect of those in the industry and their clients through their dedication to providing top level service.