New York city is one of the most popular tourist getaways in the world, but it is also a popular location for real estate. As New York is such a big city in term of population, there is plenty of potential for investment. With 8.6 million people residing in the city there is a sizeable demand for housing and office space. With such a high demand for housing, it suggests there are always brand new builds starting in the suburbs. As a consequence of this need for housing, many real estate investors look to New York for a place to buy and sell; Eyal Ofer is one such investor. The population of New York is almost certain to expand in the next few years, so many investments made will likely have good returns.
New York is among the most well-known cities in the world, featuring in movies every year and being romanticised by different TV shows. Being so famous, the city pulls in well-known individuals, who hope to own flats or property there. The rich and famous commonly own valuable properties in several cities, therefore when they visit, they have their own place to stay, without getting a hotel. Even so, the hotel industry in New York is one of the greatest in the world; with a lot of tourists visiting the city all year every year, there is always a high demand for hotels, particularly around the central area. Aby Rosen has a big share in some of the greatest hotels in the New York state capital and in other sorts of real estate as well. There are lots of events in New York, such as the fashion week, so during these weeks, the hotels are usually exceedingly crowded.
A number of the largest opportunities for real estate in New York is in the business industry. The business and financial areas of the city have a few of the most notable structures which are worth extraordinary numbers. One of the primary reasons they are worth so much is that the occupants of the structures are some of the biggest companies in the world, so they are willing to pay out a top price. The competition to have offices within the business area of the city also drives the pricing up, therefore owning property there is hugely profitable. Money can also be made by investing in the older parts of the city; making an investment in the rejuvenation of historic structures to turn them into flats or hotels is something Ziel Feldman has taken part in. As so many New York points of interest are structures and architecture, real estate investors can cement themselves as leaders in the business by building and investing in the city.