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Staten Island New York
Staten Island is the smallest of the five boroughs of New York City, located on an island on the west side of the Narrows at the entrance of New York Harbor. It is the least populated, most ethnically homogeneous and most remote borough of New York City. Staten Island has an urban feel comparable to the areas of Eastern Queens and Northern Bronx.
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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