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[quote=Anonymous][quote=Anonymous]I also have a similar dream. Currently DC-based (live in DC proper in a SFH with 15 min walk to metro), but love the idea of moving to nyc in retirement. I love the possibility of endless food options, theatre, and events. (Even if I don’t take advantage of them every single day)

Have folks on this thread thoroughly considered whether it makes sense to buy a condo in nyc? As far as I can tell, condo fees & property taxes are absurd. A recent dcum thread also discusses the fact that, even in the dmv, it’s usually better financially to rent a condo rather than buy and deal with potentially increasing HOA fees year after year.

https://www.dcurbanmom.com/jforum/posts/list/1277760.page[/quote]

NYC is its own market and not the same.  Even in DC, the %age of people living in SFHs or townhouses is 20x greater than NYC where Condos (and Coops to some extent) are the norm.

Supposedly the grand Coops have seen significant price declines compared to like 10 years ago.  Wealthy buyers want new condo buildings which are much more flexible to own and have tons of amenities vs. the 1920s Coop buildings.

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