Welcome
Orion Realty NYC was founded with the primary focus to acquire properties with high potential. Through development, improvement and sound management, our goal is to provide the best return with minimum risk for our investors.
Our focus is on income producing properties: residential, mixed-use buildings and new developments.
Our strategy is to acquire, manage and upgrade buildings in New York, New Jersey and Pennsylvania in order to achieve the highest return on the equity invested. We concentrate on improving maintenance cost by using green and efficient technology, and providing high-end quality products and services to meet the needs and demands of tenants.
Why New York City area
“In a recent survey administered by the Association of Foreign Investors in Real Estate, New York City was voted the most attractive destination for real estate investment dollars coming from outside the United States. One out of ten private sector jobs is from a foreign corporation. New York City is home to some of the nation’s — and the world’s — most valuable real estate.
New York City is the most populous city in the United States and is a global hub of international business and commerce. New York City is one of three “command centers” for the world economy (along with London and Tokyo). New York City also controls 40 percent of world’s financial transaction and has 44 of the Fortune 500 companies located within the city.
In addition of being the finance capital of the world, the city is a major center for real estate, education, research, media, culture, fashion, entertainment and the arts in the United States.
Since 2005, the city has had the lowest crime rate among the 25 largest U.S. cities. Furthermore, education opportunities are excellent in this city. The city’s public school system, managed by the New York City Department of Education, is the largest in the United States. Not only are the public schools exemplary, world-class universities such as Columbia University and New York University reside in New York City.
There are more business opportunities here in New York City than any other place in the world.”
(Source: http://www.nyifund.com/new_york_city.php)
Positive points about Real Estate investments in New York City area:
- Inflation hedge
- Portfolio/Asset diversification in dollars
- Economic and politic stability
- Very active rental market (vacancy rate below 3%, limited supply)
- Most populous city in the United States
- Low unemployment rate
- Global hub for international business
- NYC has had the lowest crime rate among the 25 largest U.S. cities.
- Incentive tax break for corporation relocation (http://startup.ny.gov).