‘The Big Apple’ is located where the Hudson River meets the Atlantic Ocean, on the East Coast of the United States.
New York is often referred to as the city that never sleeps, with a subway that runs 24/7 and bar and restaurants right around the clock.
New York City is made up of five boroughs; Bronx, Brooklyn, Manhattan, Queens and Staten Island. These are home to some of the most iconic sites in the world including the Statue of Liberty, Times Square, the Empire State Building and Central Park.
The NYC skyline is instantly recognisable worldwide and Manhattan, the most densely populated of the boroughs, packs more famous icons into one compact area than any other place on Earth. As a result it has been the setting for many popular TV shows and movies and the most sought-after properties look out onto this.
New York is home to 95 billionaires and has been referred to as the ‘billionaire capital’. It also ranks third in the world for the highest residential real estate prices per square foot.
Across New York’s boroughs, the top 10 most expensive listings are clustered in the island of Manhattan, where condos sell for $100 million and townhouses for as much as $120 million.
A new triplex penthouse, for example, is the “highest terraced residence in the United States” with a price tag of about $100 million. Each of its three levels have 360-degree views of the surrounding city and a private elevator takes you straight up to the 8,000-square-foot penthouse.