first I want to say..get into knowing what the square footage of a place is..do it where you live NOW and you'll have some idea what the size of a bedroom is and what you are getting for your money..cause in my building they have illegal two bedrooms, they just put up a wall in the living room, not only illegal but if there's one fire, no window to escape..those are some things to look for..you can always tell cause an illegal bedroom has no windows, wasn't designed for that..they split the living room in half and charge you 4-5K for 2 bedrooms..disgusting..now that's rental...BUYING: I think to buy now is the best time in this city of money..no one has money..my brother is buying this great one bedroom below Battery Park City..one bedroom is less than 400K but rates are great...you really can't look at the top prices online cause these places are by appointments only and they can go for 10-30 million or above, for example, the Time Warner Building because of those incredible views of Central Park, everyone around the world bought..and not one place but two & broke through.it's a friggin mansion... low end, would be a studio...still in the 300 -400k range, especially in the West Village..we almost always get "top dollar" cause we have the park, the Hudson a block from me, the shops and for me it's the History of this place....it's changed so much from when I first moved here more than 30 years ago..but sometimes change is necessary cause I get my Whitney Museum in a couple of years..first major museum down here....I do have mixed feelings the way my area has and is going through a major change
Cheers...
Tony(NYC)