In yesteryear, the profile of a person buying luxury residential properties was that of a late-middle aged CEO, who had already worked his way to the top of his industry after a lifetime of hard work. But those days are no more. A new type of buyer has stepped onto the stage. He’s youthful, fast with computers, and often buying his very first piece of real estate.
At least that’s how the market is changing, according to Dolly Lenz, the founder of her own luxury real estate consulting, sales and marketing firm, that’s well-known on in the NYC real estate world.
What this new breed of buyer is looking for is rather different than the CEOs who wanted showy, luxurious homes that broadcast their wealth for the world to see. This new group is primarily concerned with comfort and convenience.
Location is perhaps their paramount concern. In the NYC real estate scene, these young buyers, who are often associated with the high-tech, sports, or entertainment industries, love Greenwich Village. Tribeca, the Upper East Side, and the West Village. They want a place that’s surrounded by hip bars, cafes, and restaurants where they can while away their free time.
They are also addicted to their jobs, and want to be plugged in at all times, so strong Wi-Fi connections are essential, even if it’s a private island in the Caribbean. Not to be discounted are homes with high ceilings where the young crowd can display their burgeoning art collections.
Have you ever heard of a “morning kitchen”? Many young buyers of NYC real estate want one in their apartments, too. A morning kitchen is a small kitchen unit right off the master bedroom. You can make coffee there, or store champagne without having to make the trip to the main kitchen.
Town Residential has only been selling properties around New York for five years, but the firm has already become a mainstay in the NYC real estate scene. It offers top notch customer service in helping customer find luxury real estate.
The firm is run by a group of professionals and executives who possess unrivaled knowledge and deep experience in the NYC real estate scene.