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Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as a way for corrupt foreign government officials and business people from countries without strong rule of law to launder money or to protect ...
A lower-rise apartment building on the left side of the Avenue of the Americas in Manhattan, juxtaposed next to a skyscraper apartment building. An apartment (American English, Canadian English), flat (British English, Indian English, South African English) [a], or unit (Australian English) is a self-contained housing unit (a type of residential real estate) that occupies part of a building ...
The Dakota is also New York City's oldest surviving luxury apartment building, although it was not the first such structure to be built in the city. [113] Only a few large apartment houses in the city predated the Dakota, including the Manhattan Apartments (built in 1880) and Windermere Apartments (built in 1883). [ 114 ]
The town was originally part of the Town of Providence, but the area quickly grew. In 1801, the settlers decided that the town was big enough for a name of its own, and was named Northfield at an informal meeting held on March 13, 1801. In 1808, it was renamed Edinburgh because another Northfield was discovered in New York.
Counties of New York Location State of New York Number 62 Populations 5,082 (Hamilton) – 2,561,225 (Kings) Areas 33.77 square miles (87.5 km 2) (New York) – 2,821 square miles (7,310 km 2) (St. Lawrence) Government County government Subdivisions Cities, Towns, Indian Reservations Part of a series on Regions of New York Downstate New York New York City Long Island Hudson Valley (Lower ...
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By the 1970s, investors in Toronto started buying up city houses—turning them into temporary rooming houses to make rental income until the desired price in the housing market for selling off the properties was reached (so that the rooming houses could be replaced with high income-oriented new housing)—a gentrification process called ...
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