People moving to New York, or foreigners investing in property here usually do it for business reasons. They have a job requiring them to stay longer periods in the city or invest in commercial property. New York is The business city of America, the city of lights and dreams but also with security and crime issues. It’s not by coincidence, New York is home to more Locksmiths than any other state in the US but still, this city is definitely every ambitious businessman’s dream. From fashion to the biggest stock markets in the world, this is the city most of the rich and famous go for business and shopping, therefore, we would understand why the land is pricey.
And, getting a piece of land in the big city is quite expensive as well. A square meter of land in this city is above US$17 000. And even though it is expensive, it is still greatly on demand. However, most of the property is bought up by large companies as accommodations for their employees or by investors.
Attached to: The Most Expensive Real Estate Cities in the World
