Why New York City is a Popular Urban Real Estate Destination

New York City is home to a lot of people. Many more visit the city for business or pleasure. It is the biggest city in the United States with five major boroughs. These are Manhattan, Queens, The Bronx, Brooklyn and Staten Island. New York City is among the most stable real estate markets in the world due to high transparency levels and the fact that it is highly underleveraged. A big number of prominent business persons, such as Joe Sitt have made NYC their investment center. Consequently, this has attracted many real estate investors. The most popular real estate developers are: -WL Ross -Two Trees Management -Tishman Speyer -Thor Equities, owned by Joe Sitt -The Trump Organization -Boston Properties. Before they consider investing in real estate, development...