NEW YORK, March 1, 2015 /PRNewswire/ -- New York City is not only America's largest
city but also a capital for many industries, such as finance,
fashion, publishing and advertising just to name a few. As a
result, it attracts top talent and many of the wealthy individuals
that control these industries.
Even investors with global holdings usually own at least one
high-end property in New York,
simply because it is a status symbol among the global elite. "While
in many other cities you simply write a check to get an apartment,
buying a top property in New York
requires the right connections", explains Thomas Guss, President of one of New York's top brokerage firms, New York
Residence Inc.
All owners of a building usually elect a board whose members
decide if a prospective buyer is allowed to purchase an apartment
there. Guss, president of such a board himself, knows what boards
are looking for: "It is not only about money but many buildings
want to see the right social background too." As a result, a
Manhattan address on Park Avenue,
Fifth Avenue or around Central Park becomes a prized
possession.
New York Residence Inc. is a high-end brokerage firm that
incorporates elements of a private bank - many of the world's
wealthiest investors are represented by the company. "We know which
properties might be a good fit for a specific client," says
Neil Foresto, a Senior Vice
President of New York Residence. Location and specific features of
the home are of course the buyer's choice - from sweeping views to
private terraces, from hotel-style services to elegant lounges,
fitness areas and swimming pools, a buyer has a wide range of
choices.
Some buyers prefer privacy and surprisingly there are several
high-end options with a low public profile available. For the right
client, even an anonymous purchase is possible, an option often
preferred by the truly wealthy for security reasons.
No wonder that New York sees an
increasing volume of investment from the UAE, from both private and
institutional investors. New York Residence participates at the
International Property Show in Dubai from March 30 to
April 1 at the Dubai World Trade Center. Interested
investors are welcome to discuss purchase opportunities in
New York at the property show with
Thomas Guss, Neil Foresto, and, for meetings in Arabic
language, Aurora Azar. An
appointment well worth making!
CONTACT: Thomas Guss,
+1-212-360-7000 x103
TG@NYR.com