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Large New York City Apartments Rise in Popularity
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Large New York City Apartments Rise in Popularity

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  • 1. Large New York City Apartments Rise in Popularity By George Subraj
  • 2. Introduction  As president of Zara Realty, George Subraj strives to help each client find his or her ideal apartment. George Subraj has collaborated with individuals as well as families in the search for a New York City residence.
  • 3. Trends in NYC Living  According to a 2010 article in the New York Times, the return of families to city living means a new trend toward the purchase of larger apartments. More and more families are beginning to re-discover the affordability of city living as compared to life in the suburbs, which carries a myriad of extra costs such as home maintenance, higher utility bills, and a more expensive commute. This makes the city more appealing for families with young children, while adults whose children have grown find themselves returning to the city for convenience.
  • 4. Conclusion  As more people return to the city or remain there once their children are born and growing, the real estate industry responds with more options. In recent years, developers have seen the trend toward family-sized apartments and responded by working these designs into their plans. Furthermore, existing large apartments have experienced price decreases that outpace any decrease in small apartment costs, which increases the perception of value among family city-dwellers.