Wednesday, March 5, 2014

Where celebrities live in New York

Interesting article from ibtimes.com on where celebrities live in New York.  Upper West Side is the most popular celebrity neighborhood, followed by Upper East Side, Greenwich Village, Tribeca, Soho and Chelsea. 

While those neighborhoods are the top, the map shows that celebrities, like regular people, have preferences for all neighborhoods.  A primary residence is a personal preference. 

Investment properties are a bit different because we look at rental income and appreciation potential.  It's a less personal decision but suffice to say, top neighborhoods tend to have strong appreciation potential as well.



Wei Min Tan is a Manhattan condo specialist focusing on investment residential apartments and foreign buyers.  He is frequently interviewed by the media including CNN, The Wall Street Journal and The New York Times on the subject.  Wei Min can be reached at tan@castle-avenue.com

No comments: