The value of luxury real estate in New York City is increasing rapidly as the wealth of buyers looking to make big investments in the area is on the rise. Official closing prices of recent sales for prime real estate spots such as condominiums and homes are breaking all kinds of records for the city. According to those who carefully follow the market, there seems to be no end in sight to this exponential growth, at least not in the near future. Top buyers are dipping their feet into the luxurious real estate market of New York City now more than ever.
The demand for these higher priced homes is higher than one may think. Iconic names such as William Ackman, Joan Rivers and the Feng brothers (founders of Hainan airlines) are just a few of the wealthy personalities that have made their mark in New York City. Other names such as the rockstar Jon Bon Jovi have recently sold real estate in the city. Townhouses and penthouses are some of the higher profile investments in the market.
Town Residential is a premier real estate agency that services the luxurious real estate market of New York City. They specialize in suiting the needs of buyers and sellers looking to lease, sell and buy property. A recent addition to New York City, Town Residential is founded by a team of leaders who possess unmatched industry experience and expertise. The agency has been recently named to an elite group that represents America’s top real estate professionals.
Multiple locations in New York City gives customers and representatives easy access to Town Residential’s professional services. Their website lists all recent additions for sale and lease as well as any open houses that are currently running in the city. Consumers, sellers and buyers can visit Town Residential’s website to access trends and statistics in the current market.
As the largest city in the United States, New York City boasts a luxurious real estate market with plenty of perks. This city is a major attraction worldwide which makes it suited for not just national but international buyers as well.