buy NYC condo
I am wanting to buy a NYC condo (likely Washington Heights/Inwood, possibly Harlem or Morningside Heights, but almost certainly not our old neighborhood of UWS) in the next 8 months or so as a retirement home for the future. I would then want to rent it out (thus the condo vs. a coop) until I retire or get a job in NY. I would be in the position to purchase for cash if desirable ( and it seems to me it would be). We also own a 3000 sf house where we are now. I know Harriet and tally_sue are in NY: do you or anyone else have experiences to share re this? It seems to me that about the safest investment I could make would be a NY apartment=greater appreciation than another safe investment. Thanks so much!