In most cities around the world, abandoned buildings are regarded with distaste. This is true for NYC abandoned homes, factories, and buildings too. Abandoned buildings are eyesores, but for some investors, they can also be an incredible opportunity to bring something new to the New York City landscape.
Like it or not, the presidential election sparked a flurry of home-sale activity across New York State. Maybe it’s because he’s of a different political party, or better yet, maybe President Trump’s real estate prowess is behind the uptick. Whatever the cause, the surge continues for New York’s housing landscape.