New York has always served as a reflection of the world economy, much like other economic capitals of the world. As a result, this has come to define New York’s status among residential markets. New York’s housing market has proven to be a direct reflection of the conditions of the world. The demand for housing went from being single units to apartments, to cooperatives, to condominiums … It has spread from overcrowded tenements to high-rise luxury buildings and newly developed skyscrapers. The addition of new homes or the reuse of existing structures has resulted in a wide range of residential properties that make up the texture of the New York City real estate market.
As this is the most populated city in the United States, the demand in the real estate market is very high.
At NYRAC we work to improve the New York residential status by working professionally with the best in the industry.
In a modernized city where everything is continuing to grow, we can not simply leave real estate professionals behind. Therefore, one of our objectives is to create an information network. Another is to create a set of standards for practices and terminology in the sector. For example, when evaluating properties or when using the large volume of data and information to create and present a full picture of the deal.
Our final goal is simple: always ensure the consumer’s best interests. We believe, with the excellence of our work, this will lead NYRAC to success.