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Why New York’s Millionaires Are Opting to Rent Over Buying
For decades, homeownership has been seen as the ultimate symbol of wealth and success. From penthouses overlooking Central Park to sprawling brownstones in Brooklyn, buying prime New York real estate was almost a rite of passage for the city’s elite. But today, an unexpected shift is happening: more millionaires are choosing to rent instead of own.
NYC Office Trends: Empty Offices but Not Enough Premium Spaces
In recent years, New York City has seen an interesting trend in its office market: lots of empty offices, but not enough high-end spaces. This situation is happening because many older office buildings don’t meet the needs of today’s businesses, while companies are eager to move into modern, well-equipped spaces.
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