TOWN The New York real estate offers investors numerous opportunities in spite of its steep price. Some of the hottest markets in the city for commercial and residential real estate are in Brooklyn, Queens, Bronx and Hudson County. The secrete to successful investing in this market is setting a good plan of action and acting fast. One of the key players in the city real estate market is Town Residential. According to an article published by Crans New York in September 2013, the real estate brokerage firm established in 2010 unveiled its 10th outpost in the West Village neighborhood of the Meat Packing District. The move was informed by the need to serve the stretch of communities along the Hudson to serve the markets running from Hudson Yards all the way to Tribeca. The new establishment leased from Thor Equities will cover 7,100sq ft and will be based on the second floor. The 15 year deal inked by Town Residential will give the entity ample space with an outdoor space to meet clients The company founder Mr. Andrew Heiberger noted that the starti9gic location close to the Story-High park will position the company as a brokerage for high-end sales. Following the decision, the firm also relocated its 45 Horatio Street office into the new premises. Another company that had shown willingness to join …show more content…
According to the company excerpt published on LinkedIn home page, the company has dedicated its resources in a number of areas, including real estate sales, rentals and new development marketing. Some of the factors that have made the real estate sectors highly lucrative to investors such as Town Real Estate include high spread of income, high population growth in the boroughs and growth on the healthcare and finance sectors. The New York neighborhoods currently served by the company include; Union Square, Midtown West, Flatiron District, Battery Park, East Village and Lower East