If you’re buying a property, and you want it to be close (or inside) New York, make it Manhattan.
Wealthy people focus too much on the Triangle Below Canal Street, South of Houston Street, or the popular gay neighbourhood Chelsea, which singles such as an artist like a lot, and they tend to forget West Manhattan.
Prime Manhattan also tends to be too expensive, as it’s too close to the Central Park, but the further you move away, the prices tend to drop.
And also, as the unemployment rate in the States reached new highs in the past few years, so did the prices for real estate drop. But now, as the USA slowly gets back on its feet, the prices are expected to rise, so if you’re thinking of buying West Manhattan property, better make it fast.
West Manhattan condos don’t come cheap, I can tell you that. But with a little research and patience, you can get quite a bargain.
Christian de Portzamparc Riverside Center can be a good deal, but there is also something Americans like to call ‘fixer uppers’ — old former industrial properties ripe for turning into homes.
And that’s exactly where some of the best ‘gold’ of West Manhattan lies.
The Garment District on Manhattan’s West Side has a lot of places waiting to become ‘fixer-uppers’
As This Is Money writes, Washington Heights are also a good place to fix your gaze upon:
“New York estate agents also tip Washington Heights for price growth and, just across the Hudson in New Jersey, there are good-value homes to be found in the commuter town of Hoboken — popular with many British professionals who work in Manhattan,” it says.
West Manhattan should definitely be your first choice when looking for property in New York. Even though it’s in the heart of the city, it’s still a fairly secluded place where you can find your peace.
Thanks to a billionaire media mogul Barry Diller and his wife, you will be able to go to a concert on a floating park, as there are plans to build a 2.7-acre park on stilts above the water in the Hudson River along Manhattan’s west side.
The park will replace a disused pier, CNN reported earlier.
And with lots of old former industrial properties which can be, for relatively little money, turned into beautiful and functional homes, it will most certainly cost you less than looking for a condo on the Triangle Below Canal Street.
There is also this place called One West End, a new and modern skyscraper built by Pelli Clarke Pelli.
Standing as the gateway to Christian de Portzamparc’s Riverside Center, One West End is part of a rising new neighbourhood just four blocks from Columbus Circle.
The One West End is a high-class skyscraper with meticulously crafted residences, expansive indoor and outdoor amenities, and a new culinary marketplace. The property has its own website, https://1westend.com, and is developed by Elad Group and Silverstein Properties.
Alice is an experienced real estate blogger. Here she discuss about new strategy and share information of real estate as well as home improvement.
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