Here are 13 mind-blowing facts that show how expensive New York City really is. Read on for 13 revealing facts and statistics that show that the city is expensive. Billionaire hedge fund manager Ken Griffin bought the three-story, 23,000 square foot penthouse in a skyscraper at 220 Central Park South, Business Insider's Katie Warren reported, citing The Wall Street Journal. The sumptuous 6-bed apartment occupies an entire private floor in one of the most sought after limestone-clad cooperatives on Fifth Avenue, on the northeast corner of East 63rd Street and Fifth Avenue in New York.
As a result, New York City consistently ranks in the top 10 lists as one of the most expensive cities in the world to live in. The budget for your move to New York City must be tight, which means that you'll have to factor in expenses that are normally overlooked in most budgets. Penthouses in New York City are so expensive that they don't sell, so real estate companies are dividing them into smaller, cheaper units to take them off the market, Warren reported. Real estate agent Brown Harris Stevens describes the sunny property as the best luxury apartment on a high floor and the dream residence for a homeowner who enjoys opulent entertainment and needs elegant living space.
However, if you budget correctly and get a good deal on your dream apartment, you'll be living in the Big Apple in no time. This 7-bed apartment has almost unparalleled views of Central Park and the Manhattan skyline, while 47 oversized windows cover all four exhibits. Several areas of Brooklyn are as expensive as Manhattan, but Mapleton, Bath Beach and Bensonhurt, for example, are much less expensive. Whether you're a culture buff, an art lover, or just looking for an affordable way to spend a few hours on the weekend, New York City's museums will.
The apartment's spectacular terraces overlook New York's bustling Park Avenue and the immaculate duplex has a private elevator. This Upper East Side property is described in its announcement as one of the most important apartments ever created in New York City. With 180-degree views from floor-to-ceiling windows and a ceiling height of up to 14 feet, Sotheby's describes that the apartment offers views of the entire city from a passenger plane. This extraordinary three-bedroom apartment is on a full floor and has wonderful views of the city and Central Park in all directions.
This opulent six-bedroom apartment is located in one of the most coveted pre-war buildings on New York's famous Fifth Avenue. The many highlights of Manhattan's most expensive ad include a 93-foot-long living room, 360-degree views of New York City, and exclusive lifestyle amenities.
