Property News · June 12, 2020

So long, New York: pandemic and protests spark new exodus to suburbs


The rise of remote working during the coronavirus crisis has led many to rethink whether they need to live so close to the officeNew York, I love you, but you’re getting me down, as LCD Soundsystem once sang. After three months besieged by the coronavirus pandemic, New Yorkers are heading for the suburbs – and some say they are never coming back.Real estate brokers are describing a boom in demand for homes north of the city and on Long Island – and especially those that offer space for home offices. Competition is so fierce, says Madeline Wiebicke, a real estate broker in New City, an affluent hamlet some 20 miles from Manhattan, that city dwellers are snapping up suburban properties in bidding wars, often after just a video tour. Continue reading…

Source : theguardian.com
Read more…So long, New York: pandemic and protests spark new exodus to suburbs

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