Filed under Strong Markets
The Big Apple as it is known by almost everyone is one of the economic supercenters of the world. Its internation airport connects it to hundreds of different countries around the globe and allows business in the area to reach other metropolitan cities of the globe.
New York is the largest city in all of North America with a population totalling a whopping 18.7 million. The wide range of ethnicity and culture that can be found in the city is paralleled no where else in the world. It is home to a massive Jewish community which is the largest that can be found outside of Israel. As well as a diverse culture, NYC has a large gay community and acceptance of others has always been a goal of the city.
Home costs in New York City are rising and expected to keep rising. Current estimates put the average home priced at $435,000. In just 5 years the price of a home has gone up 91.2% and is sure to continue doing so in the future. New York is the perfect city for any businessman or investor looking to make it big.
Filed under Strong Markets
The state capital of New York is Albany which is found on the east side of the Hudson River approximately 145 miles north of the New York City Limit. Its population is comprised 63% caucasian, 28% African-american, 5% Latino and 4% of other races. The ethnic diversity is rather small when compared with other cities such as New York or Boston, and sadly, lacks the culture and charm of other such cities.
Albany has many basketball teams and many of the college teams play in the NCAA division. There are many institutes for college or university degrees with the largest being the University at Albany, formally called the State University at Albany. In 2004, Albany was ranked the #1 university for partying in the United States. The greek god Minerva is pictured on the University Seal and the official colours are purple and gold.
Albany lies at the state average for home costs at around $204,000 and up. One can expect to pay upwards of $400,000 for a nicer home. Albany is a great business town and suited for those who find the bustle of New York City too hectic.
