In 2017 the sale of a 3 half-floor combo pad in Manhattan’s new 432 Park Avenue for a whopping $91 million was crowned the priciest home sale in NYC. A New York condo is of course a serious investment and luxury is still the go-to venture for many foreign and domestic investors, but if you have $91 million or less to spare, here are some real estate alternatives for the adventurous, outside of New York City: https://www.commercialcafe.com/blog/2018/02/22/20-reasons-not-buy-manhattan-condo/.

For that exact price you could go for Atlanta’s 610-unit WestHaven at Vinings. Having community amenities which include a treetop club house and resident lounge, an athletic club, and four swimming pools it’s one of the most sough-after living spaces. Owner Philadelphia-based GoldOller investment company’s COO Jake Hollinger, has stated that the firm’s “Atlanta cash flow and investment returns have been exceptional” since the company scooped up the property in 2016. So why not go for one of the top 6 cities to watch out for in 2018, according to Forbes?

Find the full article and 50 investment alternatives here: https://www.commercialcafe.com/blog/2018/02/22/20-reasons-not-buy-manhattan-condo/