New York City is one of the famous cities in the world. It is known for the Statue of Liberty, Rockefeller Centre, Metropolitan Museum of Art, Empire State Building, Central Park, Broadway and the Theater District, 9/11 Memorial and Museum and its high line. New York also is known for its nightlife that is always lively and exciting. What are the top 5 things $1 million can buys in NY? Keep reading to find out more about the same.
Things that $1 million can buy you in NY
New York is brimming with life always. It is also one of the most densely populated cities in the world. New York City is located at the southernmost tip of the State of New York. New York City is also the center of the New York Metropolitan Area. This is the largest metropolitan area in the world based on the Urban landmass.
New York the city of Diversity
New York is a city that gives people a world of opportunities. New York is made of five boroughs. They are Brooklyn, Queens, Manhattan, The Bronx and Staten Island. The city has a very diverse population. This means that the city has a wide range of people from different ethnic groups.
There are close to 800 languages that are spoken in New York. That’s quite a lot of languages for one city! One of the main reasons for this is that many people of different origins have settled down in NYC permanently.
In the following paragraphs let us get to know the top 5 things $1 million can buys you in NY, 5000 a month apartment NYC, and also a little about the other huge city in the United States of America, that is Los Angeles. With regards to Los Angeles .letus get to know about how to make money in LA and the answer to the question, is 150K a good salary in Los Angeles.
Things a $1 million dollars can buy you in New York
New York never sleeps. It keeps buzzing with activity always and the cost of living is very high here. Here are the top five things $1 million can buys you in NY:
- The first and foremost item one can buy in New York City would be a decent apartment. One of the problems that New Yorkers face is finding a place to live. By investing in an apartment you can help yourself by saving a lot of time that you would have wasted on apartment hunting. In most cases, even after apartment hunting for a long time, you may have to settle for a small and bad 5000 a month apartment NYC.
- The second thing that one can do is buy a commercial space, so that they can let out the space for people who need it. They can earn decent money from this commercial space. This is a genius way to invest in New York City, because new businesses are always coming up here, and they need commercial spaces.
- The third best thing one can do with a million dollars in New York City is to get a penthouse. You can either start living there, or you can start renting it out. Penthouses command a higher rent than the normal apartments.
- Another way to spend 1 million dollars in New York would be to throw a lavish party, and enjoy the time with friends and family. Though it is not an investment, throwing a party is the best way to enjoy the beautiful New York style of life.
- Another thing that a person can buy in New York City with a million dollars out is a luxury day out. This can be done by checking into the Mark hotel, specifically into the largest suite in the hotel with a massive living room, 5 bedrooms, 6 bathrooms, 2 wet bars and a spacious terrace looking over at Central Park.
From there, you can go on a shopping spree to Bergdorf Goodman, have lunch at Eleven Madison Park, take a helicopter tour, watch a Broadway show, have a late dinner at Le Coucou and end the night with drinks at Attaboy to enjoy luxury in its best form.
The above are some of the things that can be done in New York City if you have one million dollars with you.
The city of Angels and the city of flowers and sunshine
Los Angeles is the second highly populated city in the country. It has its own share of attractions that make it popular, and the most famous among them is Hollywood. Now let us see how to make money in LA:
- One can earn some extra cash by driving for Lyft.
- The next thing one can do is sell the photos they take to the crowdsourcing platform called Twenty20.
- One can also make some money in LA by dog sitting with the help of the app called Wag!
- Taking surveys in the platform called Survey on the go is a great income-earning opportunity in LA. In this platform, one can make money by taking surveys and giving product reviews.
- One can also make money by playing games on the app called Lucky Day.
- If you have some good clothes, you can monetize them by selling your designer clothes on the Tradesy app.
Now let’s see the top 5 things $5000 per month can get you in La:
A person with an income of $5000 per month can get a decent house for rent for $1500 to $2000; the second thing is a rental car; the third thing is gas for the car; the fourth is food for self and family; last but not least electricity. This raises the question, “Is 150K a good salary in Los Angeles”. The answer is yes; this is good enough money for you to survive in LA.
What $1 million can buy you in NY Conclusion
The above article would have given you some clarity on how to invest wisely and enjoy your life in NY. With this information on the top 5 things $1 million can buys you in NY, we hope you will put your money to good use.
Frequently Asked Questions:
Where to buy NY times near me?
The New York Times can be purchased at various locations, including newsstands, bookstores, supermarkets, and convenience stores. The easiest way to find a location near you is to visit the New York Times website and use their store locator tool. The New York Times is also available for an online subscription, which provides unlimited access to digital content.
Is underglow illegal in NY?
It is illegal to use under glow lights on vehicles in New York state. Underglow lights are considered distracting and can be confused with emergency vehicles. Additionally, underglow lights can result in fines and penalties, including vehicle impoundment.
Hello, my name is Alex, and I am the founder of Wolfionaire.com, a personal development, and finance blog focused on motivation, success, and wealth. I am obsessed with studying the world's wealthiest individuals and learning about their path to success. I believe anyone can achieve their financial goals with the right mindset and strategies, and I hope to inspire and empower my readers to pursue their own path to success.
