Investing in real estate in Manhattan has become a prerequisite for secured and promising real estate investors. Real estate in Manhattan has its value due to 2012, resulting in increased foreign investment, favorable interest rates and stocks. Recent industry analysis has shown that residential real estate investment in Manhattan is superior to those in comparable large cities, such as Los Angeles and San Francisco. Although this year Manhattan’s foreign investment in real estate has increased, representing almost 9% of all sales, Americans are also investing in Manhattan. This year, 7 out of 12 purchases of real estate investments will be made by Americans.
In light of this real estate market, which will reject the opportunity to invest in real estate, which is not only safe, but also part of the history of Manhattan? Such thinking undoubtedly prompted buyers of units at the Lombardy Hotel, located on 11th 56th East Street in New York. The Lombardy Hotel is ideally located in the city center, just a few blocks from the famous attractions of Manhattan, such as Central Park, the theater district and Fifth Avenue designer boutiques. Most of the apartments in the hotel are owned by private individuals and are aimed at tourists. With just 162 rooms and suites spread over 22 floors, the Lombardy Hotel is more spacious and decadent. Investors or people looking for a Manhattan hotel pie look at the Lombardy hotel favorably. Each room has a daily maid service before bed.
Lombardy Hotel is characterized by classic charm and luxury of the old world. This is to be expected, given his legacy. Built in 1926 by the Great William Randolph Hearst newspaper, the Lombardy Hotel was a gift to Brandon Davis. Davis was the accused actress of quiet cinematography and Hurst's lover. The beautiful stone facade of the Lombardy Hotel symbolized his reverence for her. Today, the classic limestone design of Lombardy stands also proudly against the backdrop of steel. It is still the building of the statement. Inside, the marble lobby welcomes visitors with its extensive mahogany staircase. Classic works of art and antique mirrors overlook the walls of the lobby. Rich in functionality, Hotel Lombardy offers facilities such as a gym, business center and spa. Those who want to live or invest in hotel apartments should contact their exclusive broker, Wald Real Estate, at Lombardy Hotel.
Rooms that are owned but not currently occupied can be rented for tourists and short-term guests. A review of the countless tourist and hotel sites online shows a Lombardy guest rating between four and five stars. Visitors are stunned by the enormous size of the rooms and the helpful service of the staff. Suites with kitchenettes usually look at hotel guests, who can rent these spacious apartments at up to 30% less (depending on the season) than standard hotel rates in Manhattan.
The return received by investors, in combination with the subsidized costs of operating the hotel in this way, made the Lombardy Hotel a successful real estate investment experiment. Other hotels in Manhattan followed suit. Currently, hotels like Gansevoort, W, Carlyle and Ritz-Carlton are offering accommodation and owner options.
