Wednesday, September 22, 2010

The Cool Kids

New York City is home to people from all over the world, and those who live here never want to leave.  But, for first time residents it is quite difficult to decide where they want to settle down in the huge city.  This article provides an analysis on which neighborhood would be best suited for each individual, and whether they can afford it or not! 


Courtesy of Bryan Christie
1. Upper East Side ($995,000) - The most popular 2 bedroom apartments appeal to most young couples, who are planning to raise a family.
2. Financial District ($549,855) - This area is mostly populated wall street workers, who want amenity packed apartments.
3. Midtown West ($675,000) - The area is the cheaper alternative to the Upper West Side.
4. Chelsea ($1,250,000) - This area is home to the most affordable high-end condos.  
5. Greenwich Village ($1,148,500) - Parents are buying a majority of the real estate for their children who are studying in the area.
6. Midtown East ($280,000) - A perfect place to buy a first home because of the low interest rates and  low prices.
7. Upper Manhattan ($441,500) - Washington Heights is one of the most popular places to live in the area.
8. Upper West Side ($1,797,500) - Spacious 3 bedrooms near Central Park get plenty of offers.
9. Tribeca ($1,257,500) - A hub for new and unique apartments.
10. West Village ($645,000) - Low prices for a very popular neighborhood.
  
Statistics Courtesy of nymag.com

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