Investing in Hotel Apartments in New York City at the Lombardy Hotel

Real estate in Manhattan is holding its value thanks to the year 2012 bringing increased foreign investment, favorable interest rates and inventory declines. A recent industry analysis found that residential property investments in Manhattan are outperforming those in comparable large cities like Los Angeles and San Francisco. Those interested in a steady income can purchase a hotel apartment and earn a continuous income from renting the apartment through the hotel.

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