History of Manhattan

Manhattan is the oldest and the most densely-populated of the five boroughs of New York City. Located primarily on Manhattan Island at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County. (Wikipedia)

16th Century New York

The 16th Century was a time of great exploration, religious and political turmoil, scientific advances, and extraordinary literature. The aboriginal population of the 16th century New York Harbor, used the waterways for fishing and travel.

17th Century New York

In 1609 an Englishman, Henry Hudson, sailed up the Hudson River. Then in 1624 the Dutch founded the first permanent trading post. In 1626 the first governor, bought the island of Manhattan from the Native Americans. (Local Histories)

18th Century New York

By 1700 New York had a population of almost 5,000 and it continued to grow rapidly. By 1776 the population was about 25,000. In 1800 New York City had about 60,000 inhabitants. (Local Histories)

19th Century New York

In 1811 a new fort called West Battery replaced Fort George. In 1815 it was renamed Castle Clinton. In 1807 the governor of the state of New York appointed a commission to draw up a plan for the city. (Local Histories)

Friday, April 22, 2011

Is it Better to Buy or Rent in NYC?

I was doing some research and came across a very useful article in The New York Times.

Most of you know that renting is very common in NYC what many people don't know is that this is a great time to buy. Mortgage rates ares still very low and you can still lock in a 30 year mortgage at 4.75%.

If you are thinking about renting for more than a couple of years you should strongly consider buying.

Buying vs. Renting Calculator link




Posted by russkayadusha at 11:56 PM 0 comments
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