Manhattan Real Estate

Monday on “Your World w/Neil Cavuto” (Fox News, Oct 6, 2008) Donald Trump announced that he is not slowing down his real estate investing activity during our slumping economy. On the contrary, Trump made it clear there are good real estate opportunities to be had at “fire sale” prices that real estate investors should capture.

So how are you reacting to this financial chaos? Are you investing, or has this uncertain financial market got you frozen in your tracks? If you are frozen, you might be missing one of the best opportunities to invest in real estate that we’ve had in a long time. Consider this:

1. There are numerous “fire sale” deals available for real estate property throughout the United States
2. Interest rates are still generally favorable
3. Our economy will survive, so it’s just a matter of time before your investment in real estate is worth more than you pay for it by virtue of a greater demand for it

This is not the time to bury your money under a mattress. Yes, it’s comforting to be able to put your hands on it quickly, and perhaps like Donald Duck’s eccentric Uncle Scrooge, be able to roll around in it, but it will cost you big time. Inflation alone will devalue your money; your money won’t be worth as much next year as this year.

Here’s a better suggestion.

First, develop an investing plan. Then locate a real estate professional in your area that understands income-producing property and has a track record for investment property sales and build a relationship. Let him or her know what your investment objectives are and have them start looking for profitable investment opportunities.

If you know enough about the nuances of real estate investing and have a good understanding of your local real estate market, great. Then start kicking the bushes yourself.

The point is not to neglect doing something. This slumping financial market is unnerving, certainly, but our economy will survive and bounce back and what you invest into today will make you money tomorrow. If you have the financial means to invest in real estate without jeopardizing your welfare, then this is not the time to run for cover and hide. Instead, follow in the tracks of the Donald, during this slumping economy, look for, pursue, and seize investment opportunities with abandon.

“The China Center will be a gateway for Chinese corporations doing business in the U.S. or U.S. companies that want to understand the Chinese culture and do business there,” said Xue Ya, project director for the China Center.

The Freedom Tower, which will rise 1,776 feet, or 551 meters, when its antenna mast is included, is the first of four towers to be built at the site, which covers 16 acres, or 6.5 hectares. The federal and state governments have agreed to lease a total of one million square feet, or 92,900 square meters, although neither one has signed a formal lease yet.

“We’re working hard to get this tower built, and we’re also looking to attract world-class tenants to occupy it,” said Christopher Ward, the Port Authority’s chief executive. “This interest from Vantone will help us build excitement as we aggressively market this building to other prospective public- and private-sector tenants.”

The Partnership for New York City, a business policy and advocacy group, has long supported the creation of the 189,000-square-foot China Center and has agreed to invest up to $5 million in what will be a $90 million project.

“Establishing the China Center is probably the most important action we can take in support of our international trade relations for the city and the state,” said Kathryn Wylde, president of the partnership. “We see this as a way of assuring that New York City businesses develop a primary relationship with the emerging economy of China. This has been an area of competition with other world cities. We want to nail it down for New York.”

More than two years ago, Vantone announced its intention to lease space at the top of 7 World Trade Center, with the support of state and city officials. But the deal unraveled when Vantone was a few days late in posting a $45 million letter of credit.

In any event, Vantone moved on to 195 Broadway, New York, but backed out at the last minute. The company said that it had always wanted to move to the Freedom Tower, and that given the cost of the project, it was unwise to build a temporary home at 195 Broadway. Vantone’s annual rent will start at about $80 per square foot, about $30 more than what it had negotiated at 7 World Trade Center.

There are so many different perks to living in New York City : the culture, the restaurants, the education and of course, the music. Music is everywhere, and not just one type, but all genres. No matter what type of music you like, you can find it in the city and in a number of different settings.

If you are looking to spend a night on the town and hear some great music, that is not a problem in New York. There are plenty of bars, clubs, and lounges throughout the city that feature live musicians. Try going downtown to the Knitting Factory where you’ll find indie-rock bands, jazz groups, and plenty of local bands on the rise. For a different type of music, check out the BB King Blues Club in Times Square. Of course, those are just two examples. There are music bars all over the Big Apple.

There are always big name concerts in NYC, and there are plenty of venues to host them. Concerts are always held in venues such as Madison Square Garden, Lincoln Center, and Radio City Music Hall. Each year these halls, as well as many others, host a number of different concerts. Check out their schedules to see if anything interests you.

Less-formal concerts can also be found all over. On a nice day, take a walk through Central Park or Washington Square Park, and you are bound to find someone singing or playing an instrument. You can even find music when you are riding the subway. Musicians are always set up in the subway stations. Sometimes these little concerts are the best ones.

As much as New York is a great place to enjoy music, it is also a great place to learn music. There are a number of music schools in NYC, including some of the most prestigious in the world. With all the great schools and the endless opportunities, music students should want to be nowhere else.

For a less formal music education, spend a day at one of the Big Apple’s many museums that feature musical displays. There is the Museum of Television and Radio and the Dia Center for the Arts to name a few.

A completely different way to celebrate music in NYC is to visit the John Lennon Memorial in Central Park. This memorial, known as Strawberry Fields, is 2.5 acres landscaped in memory of John Lennon. The memorial is a mosaic with the word, “Imagine” in the middle and a peace sign made of flowers. It is located on Central Park West at West 72^nd Street directly across from where John Lennon lived and was murdered.

No matter what type of music you chose to listen to, you can find it in New York City. No matter how you chose to enjoy your music, you can find it in New York City. Manhattan is full of music, and that is just one of the many benefits to being here.

Everyone knows that New York is the city that doesn’t sleep. There is a ton to do for adults, but what about the kids? Can kids be easily entertained by the Big Apple?

The answer is, of course they can! There are plenty of activities for kids to do in New York City. Some of the things to do are educational, some are just fun, and then there is the excellent combination of educational and fun. You can bring your kids to museums, zoos, playgrounds and shows.

Once parents realize just how many entertainment resources the city provides, they often have difficulty deciding where to bring the kids. If you take a few minutes to learn the best places to bring your children, you should never again have to hear them mutter the dreaded words of, “I’m bored.”

Museums

There are numerous children’s museums located in NYC. There are exhibits for children of all ages and with all interests. Included are art museums, science museums, history museums, space centers, and entertainment centers to name a few.

One of the most popular children’s museums is the New York Hall of Science. This is an interactive museum where children can learn basic science through hands-on displays. Parents don’t have to worry about not being able to answer their kid’s scientific questions, since the museum has college students to help the kids with questions.

Another favorite museum is the Children’s Museum of Manhattan. This museum has divided its exhibits by age groups. So you can bring children of all ages and everyone is happy.

Zoos

Kids also love to spend the day at one of the many zoos that can be found throughout the city. The most popular zoo is the Bronx Zoo. This is the largest in the city, with over 4,000 animals and 265 acres. The children can watch the animals interact with each other in their recreated natural habitat and most youngsters love the fact that the zoo provides many opportunities for them to touch some of the animals.

Going to the New York Aquarium is also a great way to spend an afternoon with your kids. Like many of the museums, the aquarium appeals to children of all ages. Young children love to simply watch the fish and older children can go behind the scenes and watch the keepers care for the animals.

Playgrounds

Just as you would find in any suburban neighborhood, the urban New York City neighborhoods are also filled with playgrounds. You can find small playgrounds all over the city, but if you really want to impress your young ones take them up to the playground at Central Park. They can spend a warm spring day gallivanting on the play equipment and as you enjoy the serenity of the park.

Shows

The Big Apple is also home to Broadway and just as adults love to see a Broadway show, so do kids. As long as you take your youngster to an age-appropriate show, they are sure to have a great time. Try bringing them to a Disney show, such as Beauty and the Beast, The Lion King, or The Little Mermaid. Kids always leave these shows with a smile.

No matter what your youngster likes to do, you will be able to entertain them in New York City. With just a little research you can find the hottest kid’s spots in New York.

With a slowing domestic economy, the United States has watched a decline in all of its markets, especially the housing market. However, this decline has helped keep New York City’s housing market alive through foreigners. With the continuous deprecation of the dollar and the value of Manhattan real estate, foreigners are now seeing property in the city as a smart investment.

Before, foreign companies doing business in New York would have to put their employees in temporary housing while visiting, but now they are buying condos and having the company serve as the landlord. This is saving foreign corporations thousands of dollars. Temporarily housing an employee in New York City used to be a very expensive aspect of doing business. Many companies used to pay upwards of $4,000 a month in rent for employee housing.

When a firm owns real estate in New York, they are not only saving money each month, but they also hold an investment. New York City real estate has the potential for growth regardless if an employee is currently living there or not.

During recent years, the New York real estate market has remained on a rise, making property even more desirable. However, in international real estate, property in the Big Apple is almost considered cheap. According to a recent survey, New York is the 15th most expensive city in the world, falling behind Moscow and London. And as foreign currencies continue to hit record highs, owning property in NYC seems like an even better deal. When a European buys into Manhattan real estate, they are almost instantly doubling the value of their money due to the exchange rates.

Investing in New York City property is the best option for so many international companies. This growing foreign interest in Manhattan property is actually helping to keep New York’s real estate market alive. Even with a nationally recessing economy, New York City’s economy and housing market remain above the national trend.

Living in New York City offers a number of advantages ranging from outstanding shows and never-ending nightlife to world-class restaurants. But one of the most important advantages to buying NYC real estate is the opportunity for education. The city offers so many different educational resources, whether you are looking to further your education in a formal university or you simply want to increase your knowledge on your own, everything you need is located right here.

If you are looking for a higher education, New York City is definitely a great place to look. No matter what program you are looking for or what degree you are looking to earn, there is a college or university that can meet your educational needs in all five boroughs.

Manhattan is home to many prestigious universities including the ivy-league Columbia University as well as specialty schools such as SUNY Optometry and the Fashion Institute of Technology. Many different law schools, medical schools, and other post-graduate schools are also located in New York City.

The prestigious Fordham University is located in the Bronx and St. John’s University can be found in Queens. Brooklyn is the home to Brooklyn College and Brooklyn Law School. If you are looking for a school with a more suburban feel, you can find that in NYC too by jumping on the ferry to Wagner College, a small liberal arts college in Staten Island.

If you enjoy educational activities, but aren’t looking to attend college, the Big Apple is still the place for you. The city offers museums that display all subject areas. There are museums for all types of history, art, entertainment and culture. No matter what your interests are or what you looking to learn about, you will be able to find a museum that suits your every need.

You can also learn so much just by living everyday here. New York City is filled with diversity. This allows you to experience different cultures just by walking to work or spending a spring day in a park. There are also organized annual events for many of the different cultures that can be found with the city, such as the Chinese New Year celebration or the Puerto Rican day parade. The diversity and culture that can be experienced while living in New York City allows New Yorkers to gain a unique education that cannot be found anywhere else in the world!

Regardless of the type of education that you are looking to gain, New York City is the best place to do it. All the culture, museums, colleges, and universities that lie within the city provide educational opportunities that are like no other.

New York City is the most exciting city in the world. This is true for many reasons – one reason being the diversity that can be found here. New York is home to all kinds of people, ranging from the rich and famous, to important businessman, to students and recent immigrants. People living in NYC now have come from every continent in the world. With over 8.2 million residents within an area of 322 square miles, New York City is the most densely populated major city in the United States. 36 percent of the people living in the city are foreign-born and City hall has translators for 150 different languages.

New York City has been known as a melting pot of culture since the early 1900s and as this has continued through the present day, the city has become rich with different cultures. Just walking around the streets of the city can be like walking around the halls of a cultural museum. In fact, it might even be better since you’re actually a part of the diversity and culture. If you are looking to experience a culture other than your own, you probably won’t have to walk more than a few blocks outside of your door.

You can easily experience many aspects of different cultures by going to the different ethnic neighborhoods that exist throughout the city. For example, if you could just never afford that trip to China that you’ve always dreamed of, when living in New York City you can hop on a subway to Canal Street and be in Chinatown for just a few dollars. Of course it’s not the same as actually being in China, but you can experience some of the culture and maybe grab some authentic Chinese food for dinner. The same holds true for other ethnic neighborhoods such as Little Italy and Spanish Harlem.

There are also many annual cultural events in the city that can be found throughout the year. In September, there is the San Gennaro festival in Little Italy. This festival is usually in the last two weeks of September and is characterized by parades, street vendors, and lots of food at the local Italian restaurants. In February, there is a celebration of the Chinese New Year in Chinatown. This celebration lasts for ten days and includes parades featuring the dragon and authentic Chinese costumes. In March, there is the St. Patrick’s Day parade down Fifth Avenue, and in June, Fifth Avenue is reserved for the Puerto Rican Day Parade. Whatever culture you are looking to experience, you can find an event for it somewhere in the city.

If the idea of traveling to different ethnic neighborhoods and attending cultural events seems a little overwhelming, you can always experience the culture of New York City by people watching from your own neighborhood. It is always fun to spend a nice day sitting in a park or outdoor restaurant and watching the people that walk by. New York is so diverse that you are bound to see culture right in front of you.

Whether you are excited to visit all the ethnic neighborhoods throughout the city or just want to experience the diversity as you walk around the streets, New York City is the place for you. All the culture and diversity that anyone could want can be found in NYC.

———————————————–

The New York Source : NYC Real Estate
(www.thenewyorksource.com)

The New York Source, your #1 place on the web for NYC Real Estate. With more than 15 years of sales experience, Patty Levy enjoys a 90% referral rate not only because of the success she has achieved, but because she truly loves her customers and strives to protect their best interests. Her goal is to make their buying or selling experience an enjoyable and rewarding one. “It’s not just another transaction.”

Everyone has heard New York City referred to as the city that never sleeps, but how about the city that always eats? You can find more restaurants in New York City than anywhere else. NYC has a street devoted just to restaurants. You can find all types of cuisine throughout different neighborhoods and eat at world-renowned establishments.

Restaurant Row…

Restaurant Row is a block devoted to eating and drinking. It is located on West 46th Street between 8th and 9th avenue, conveniently located in the theater district. You find the city’s best restaurants here- a worldwide dining opportunity offering international cuisine. In addition to the many different cuisines, all of the restaurants have their own unique atmosphere to enjoy. On Restaurant Row alone, you can find a restaurant to fit all personalities. Attending the 9th Ave Food Festival is also a great thing to do. More than 1 million people visit this 2-day event every year.

The many types of cuisines…

On Restaurant Row and all over the city, you can taste food from around the world- picking where to go is the hardest part. Basically any nationality, price and preference is available- whether it be American, Italian, Spanish, Asian, Indian, Vegetarian/Vegan, the list goes on and on. All 11 countries are representing their fine food in New York. Are you in the mood to try something new? Maybe Belgian cuisine or Tibetan cuisine? Or maybe you want to stick to something familiar, like a steakhouse or pizza? Whatever you choose to eat, New York City has a restaurant that will cater to your wants. Whether you want to go out to a fancy dinner with a date or grab a $2 slice of pizza on your way home from work, both will probably be the best you have ever had.

World-Renowned dining…

New York City is a great place to find the most famous restaurants. People travel from all over the country and world to have a chance to eat here. But when you live in New York City, you can find these restaurants in your own backyard. Such restaurants include world-famous “Tavern on the Green”, located in central park, and “Carmine’s”, a famous family-style Italian restaurant with locations in both the Theater District and the Upper West Side. You can take your date to the romantic “One If By Land, Two If By Sea” on Barrow Street or you can try some world famous Japanese cuisine at “Nobu”.

Whatever type of food you like to eat, whether it’s exotic or a slice of pizza, whether you like to eat at a small, neighborhood restaurant or at a famous restaurant in the heart of the city, New York City has the restaurant for you. So why not choose to live there? With all of the different types of restaurants located in New York City, why would you want to live anywhere else? Live in New York City and have all the styles of food and restaurants right at your doorstep. Buying real estate in the Big Apple is like buying a seat in your favorite restaurant.

New York City living opens the door to more than just a great home. It’s an all-encompassing lifestyle that often includes world class entertainment, museums, restaurants, and spas. The lifestyle that can be found by living in New York City cannot be found any place else.

Boredom is a not word that is used in New York City. You can always find something to do, some form of entertainment. For the theatre lover, there is Broadway. You can see a show that has been running for years or one that has just opened. During the holidays, you can ice-skate around the Christmas Tree in Rockefeller Center or walk through the streets to see all the Christmas windows. You can go to a live taping of a talk show or to a concert at one of the city’s many venues. And since the city never sleeps, you can always find exciting night life.

If you want to escape to a quiet, intellectual setting, New York City is still the right place for you. The Big Apple is filled with world class museums of all kinds; whether it be museums that display art, history, technology, and more. There’s so many to choose from. You can find a museum to interest everyone, no matter what their likes and hobbies are. In addition to museums, you can also escape to the many zoos, aquariums, parks and gardens.

There’s no other place in the world that has such a diverse menu of food to choose from. You can find restaurants that specialize in any type of cuisine. Since NYC is a culture “melting pot”, you can taste food from around the world. You can find it all in New York. Whether you want to go out to a fancy dinner with a date or grab a $2 slice of pizza on your way home from work, both will probably be the best you have ever had.

When the excitement has started to leave you feeling tired, you can relax at one of the city’s many spas. New York City spas are one of the best ways to simply relax and unwind. You can find some of the finest spas in the world and receive the most luxurious, unique treatments. There’s a reason why people from all over the world flock to NYC.

With everything that New York City has to offer, from the excitement to the relaxation, there is no better place to live. Opening a door to a new home in New York City opens the door to a new lifestyle, a lifestyle that is like no other.