New York Home Trends
The Big Apple. The City That Never Sleeps. The Greatest City in the World. Regardless of what you call it, New York City is one of the world’s most iconic and historic cities. Native New Yorkers have hometown pride while newcomers are constantly flocking to the city to find their new home in one of the five boroughs.
New York’s housing market is just as diverse and dynamic as the city itself. Each of the five boroughs -the Bronx, Brooklyn, Manhattan, Queens, and Staten Island- have their own unique architectural styles. Brooklyn is known for its beautiful 19th-century brownstones while Manhattan is revered for its opulent condos with enviable views of the skyline. Staten Island exudes a suburban-like feel with ranches, Cape Cods, Tudors, and other styles. As a whole, New York City has an abundance of architectural styles for future homeowners to view.
With all that New York has to offer, it’s no surprise that the housing market is booming. Although average prices vary greatly for each borough, the average price of a home in New York is $662,535. Home values have increased 4.1 percent over the past year. As of April 2020, New York has a population of over 8.8 million, a record high for the city.
New York Attractions
New York is a cosmopolitan city teeming with historic and cultural attractions. The Statue of Liberty, the Empire State Building, Central Park, and Times Square are some of the United States’ most recognized landmarks. See an award-winning musical on Broadway, view world-class masterpieces at the Metropolitan Museum of Art, snap a selfie in front of the Brooklyn Bridge, or visit the famed Coney Island for roller coaster rides and casual eats along the beach-the options for fun are truly endless. The Tribeca Film Festival, New York City Pride Fest, the Hong Kong Dragon Boat Festival, Harlem Week, and New York Fashion Week are just a few examples of the plethora of events held each year.
New York Schools
The New York City Department of Education is known for its excellent schools-which is impressive, considering it is also the largest school system in the nation. There are over a million students in the NYC school system, which contains 1,876 schools. Notable schools in New York City include Townsend Harris High School, ranked number one in the state, and High School Math Science and Engineering at CCNY, which is ranked third in the state. Top-ranking elementary schools include the 47 American Sign Language and English Lower School, the Academic Leadership Charter School in Brooklyn, and the 30th Avenue School in Astoria. New York is home to more than 100 colleges and universities, including many top-ranking and Ivy League schools. Students have myriad options, but some of the top choices include Columbia University, Cornell University, New York University, Barnard College, and Fordham University.
Commuting in New York
New York is one of the most pedestrian-friendly cities in the country. Along with walking, the subway system is the most popular mode of transportation in the city. Residents who live on Staten Island can catch a ride home on the Staten Island Ferry, which is free. You’ll also find residents using the bus, rideshare services, and hailing the famed yellow taxis. New York is bicycle-friendly, but locals agree that the most bikeable areas are Manhattan and Brooklyn. Although New Yorkers advise against driving, major roadways like Interstates 278, 495, and 295 allow commuters to drive around the city. The city’s main airports are LaGuardia Airport and John F. Kennedy International Airport.