Acquiring a NYC Residence

According to a recent report, Manhattan boasted the most expensive residential real estate market in the country last year. “Manhattan residents spend nearly five times the national average for housing.”[i]

That shouldn’t surprise anyone, considering what has been, at least up to this point, Manhattan’s status as the nation’s financial capital, its unmatched cultural offerings, its urban amenities and lifestyle, the high salaries that enable buyers to bid up prices, and the limited supply of housing.