Despite the uncertain situation, the New York real estate market is recovering: you are now looking for bargains in vain.
Image: Bloomberg
–
New York was hit hard by the corona pandemic. Many literally fled the metropolis, which made for bargains when looking for an apartment. In the meantime, however, the real estate market in the “Big Apple” has recovered rapidly.
–
Et was a provocative headline: “New York is forever dead,” headlined the author and investor James Altucher almost exactly a year ago in a guest article in the tabloid New York Post. He argued that the American metropolis will not recover from the consequences of the corona pandemic, as it did after the financial crisis around 2008 or other setbacks. Much has relocated irretrievably to the virtual world, and that hits New York in the heart.
/i/1405520342.png?resize=150%2C150&ssl=1)