Although The Big Apple is widely considered the center of the world, there is a large and growing number of people moving from New York City to Philadelphia, home of The Laurel, now under construction along legendary Rittenhouse Square. In fact, the U.S. Census reveals that the New York to Philadelphia migration is one of the largest flows between metropolitan areas in the entire nation.
PHILADELPHIA IS TAKING A BITE OUT OF THE BIG APPLE
One of the main reasons for relocation from New York City to Philadelphia is financial. It is well established that Philly living is a much better value, which translates into a richer, more rewarding lifestyle. Not only do people get much more home for their money in Philadelphia, but the overall cost of living is much better than New York City living.
For example, New Yorkers who have discovered The Laurel, the tallest new condominium tower in Philadelphia’s Center City, have found that its elevated luxury and expansive residences greatly exceed similarly priced lifestyles in the Big Apple. Grand residences and penthouses, featuring expansive wraparound windows and incredible views of Center City, are priced from low $2 millions and will be ready for move-in in mid-2022.
PROS AND CONS OF LIVING IN NEW YORK CITY
Beyond the financial benefits, there are other reasons to choose Philadelphia living over New York. Transplanted New Yorkers reports loving the less-hectic pace of life in their new city, allowing them to slow down and enjoy their favorite activities and what matters most.
Those moving to Philadelphia from New York are also delighted at all of the rich cultural and entertainment offerings. Philadelphia is unmatched for its quantity and quality of public art installations, including inspiring pieces in prestigious Rittenhouse Square park which neighbors The Laurel. This enviable Center City district is renowned for its trendy restaurants, fashionable boutiques and glittering social scene.
The Laurel truly embodies so much of why New Yorkers would choose Philadelphia as their new city. Schedule a private appointment or virtual presentation to discover the only and final new high-rise opportunity on Rittenhouse Square, the best area to live in Philadelphia..