A Tale of Two Cities’ Condos

New York Real Estate

New York City

Richcraft Homes’ latest condo project, The Bowery, is touted as “condominium living with a distinctly New York vibe.” That got me thinking about what distinguishes the two cities’ condo markets.

Space

Confucius says: “He who lives in New York City understands that space is a luxury.” OK, he didn’t. But he may as well have. The eight-million plus residents have chosen lifestyle over personal space, which they purchase at a premium.

Ottawa

Ottawa – Apple Maps

This phenomenon is more interestingly described in a 2010 New York Post article called “The kitchen is my closet”. This tells the tale of the city’s fashionistas, many of whom have abandoned culinary pursuits in favour of clothing storage. If New York is a world where shoe and oven racks are interchangeable and appliances co-opted as closets, then Ottawa offers substantial and affordable square footage with adequate storage space.

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Authored By Marilyn Wilson – See the Full Story at the Ottawa Citizen

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