Cities are the new black. Relocating to cities, especially for millennials, continues to be a growing trend. Seven out of ten people will live in cities by 2050, according to the National Association of Realtors. Why is urban living becoming increasingly attractive? Many people are marrying later and families are getting smaller, so there’s less need for larger spaces.

When you hear “big city,” New York City is no doubt one of the first to come to mind. Although it already boasts a population of 8.5 million people, half of young Americans want to move to the Big Apple, according to a recent poll. Here are some of the reasons behind this phenomenon:If you’re thinking of relocating to a city and considering calling New York your home, Platinum Properties Renter’s Guide can help with tips to stay ahead of the curve. Many other prospective tenants will be vying for the same apartment, so make sure you have a leg up.

Opportunities!

Whether you want to pursue your artistic dreams, attend a good university or wear fancy suits like Leonardo DiCaprio’s character in “The Wolf of Wall Street,” New York City is the place to be.

• Art – Broadway and Madison Square Garden are just a few of the many iconic venues in NYC that artists around the world dream to perform at one day. If you’re interested in an education in film, NYU’s Tisch School of the Arts is one of the best in the country.
• Finance – The Stern School of Business at NYU is one of the oldest and most prestigious business schools in the world. After graduation, working at one of the Fortune 500 companies in the Financial District is only natural.
• Restaurants and Cafes – New York City is such an ethnically diverse metropolis. You can get a taste of the most authentic foods at NYC neighborhoods like China Town and Little Italy. If it’s too cold to go outside to dine, just order take-out! Another great thing about living in NYC is that there’s a café on almost every corner. Considering the U.S. is the biggest coffee-consuming country in the world, this is a definite plus.
• Fun – Known for being the city that never sleeps, New York City offers some of the best entertainment in the world. Whether it’s watching a taping of your favorite talk show, cheering on the Yankees at an MLB game or attending a Beyoncé concert at Madison Square Garden, New York has it all when it comes to entertainment. Plus, walking past iconic buildings like the Empire State Building or Bergdorf Goodman’s display windows on 5th Avenue only enhance the experience.

As more and more people are flocking to cities, urban spaces are being more purposely designed to meet the following demands. As people say, it’s not so much about the size of your apartment; it’s how you use it. Make the most of your space with interior design!

*Infographics provided by the National Association of Realtors.

If you want to be part of the migrating trend and New York City is the right city for you, take a look at our listings and contact our expert real estate agents today!