Why L.A. Buyers Are Seeking New York City Condos

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Why L.A. Buyers Are Seeking New York City Condos
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Brokers are seeing a rush of Angelenos buying second places in the Big Apple, which is rebounding from the pandemic: “It feels like it’s going to be better than ever.'

For years, the story has been the same. New Yorkers, fed up with their cramped, expensive city, were fleeing to Los Angeles, the land of spacious yards and ample sunshine.agents in NYC have noticed a remarkable trend: a surprising number of Angelenos are buying pieds-à-terre in NYC. “There’s an attraction right now.

People are gravitating back to New York, knowing it’s about to be this really exciting period of time,” says Jim St. André of. “It’s been shut down and things haven’t been happening at all. Now it feels like it’s going to be better than ever, and I think a lot of people want to be a part of that.” This year, says St. André, “25 percent of my clients are from L.A.” In past years, that number was closer to 10 percent.

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