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Faivish Pewzner Sees Strong 2015 Growth in New York City
New York City Continues to See strong real estate growth in 2015.
By: Faivish Pewzner Real Estate
New York City is a prime location where new jobs are being created and the hub of the financial industry has strongly regained its footing since the "great recession" that started nearly 8 years ago.
Future economic growth in the city is expected to come from expanded job growth, investors who are looking to go further and further outside of the prime New York City limits to purchase up new real estate with hopes of it one day turning into a hot spot as has been the case with Williamsburg in the Brooklyn Borough.
Harlem is seeing a magnificent gentrification and before you know it all of the boroughs will be gentrified. With this expectation the Faivish Pewzner Real Estate team of experts is looking forward to seeing the expected growth come to reality.
"As a maven in the industry for years who has thrived, we are expecting to see expanded growth in the tri-state area with home prices that are considered affordable compared to San Francisco and an ever growing population from all over the world we expect New York City, Northern New Jersey, and parts of Connecticut to see substantial growth over the course of quarter 2, 3, and 4 of this year," says Pewzner (http://finance.yahoo.com/
So now we can wait and see if the maven is correct or incorrect as we enter quarter 2 of the 2015 year tomorrow.
Faivish Pewzner Real Estate