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Ithaca New York
The City of Ithaca sits on the southern shore of Cayuga Lake, in Central New York State. It is named for the Greek island of Ithaca in Homer's Odyssey. Ithaca experiences a moderate continental climate, with cold, snowy winters and sometimes hot and humid summers. Ithaca is surrounded with numerous wineries. The city is also home to Cornell University. Visitors also enjoy Cayuga Lake, numerous hiking, skiing, and bicycling trails, and visits to wineries in lakeside vineyards found north and west of the city.
New York City Real Estate
New York City's real estate is comprised of a collection of neighborhoods. The borough's striking diversity plays host to a multitude of ethnic neighborhoods. During the 60s and 70s urban renewal projects throughout the boroughs destroyed existing low-density neighborhoods in favor of new roads that led to an urban sprawl as well as many high-density housing projects. For a period that followed, a wave of crime overtook the borough's. This caused New York City real estate prices to fall and caused many people to move to the suburbs. In the late 80s through today, New York City has been undergoing positive changes and a major building spree. New York City real estate has been growing very rapidly over the last several years. Just recently real estate prices in the New York City area have begun to soften a bit but experts and market watchers say the fundamentals underlying New York City's real estate market remain sound.
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