There is no shortage of reasons why investors love Manhattan. Other than being the ultimate of central locations, the borough's consistent track record of appreciation is unparalleled.
Manhattan is the melting pot of the world – a place where businesses, ideas, and individuals take off, a testing ground for new ideas and a world leader in finance, fashion, and the arts.
Manhattan also happens to be an island. Anyone who's taken a base-level economics class knows about supply and demand. Oftentimes, the only thing that affords any availability on a property in Manhattan is turnover. The shock-wave of increasing Manhattan real estate values has been felt throughout the main transit arteries and well into the outer boroughs and the Tristate area. However, the distinction that comes with having an established Manhattan address is second-to-none.