I have a family of five and have 5 million to spend, what type of house/apartment would i have in NYC?

if you hear to ***** me out, then get the **** out of here! i only want serious answers. i am considering moving from the burbs and into the city and if you are here to attack my grammar. I could care less because I work for Morgan Stanley! your "excellence" is grammar has left you 5 million short!

Asked By: GoldmanSachs M&A - 7/10/2008
Best Answer - Chosen by Asker
Best bet is to network with colleagues on the job. Perhaps you might want to use Morgan Stanley relocation services... More
Answered By: lordreith - 7/11/2008
Additional Answers (4)
are you going to use the public school system or private school. are you going to try to keep up with the neighbors? have live in help? can you pay the taxes and maintenance, furnish it. you need to have the funds to maintain a lifestyle for you and your family equal to the society you will be living in... More
Answered By: NYC Chutzpah - 7/10/2008
As Morgan Stanly is crashing to its 52 week low you may want to check to see if you still have your 5 million. 5 million will get you a park block house in Park Slope or a nice apartment in Manhattan.
Answered By: hfrankmann - 7/10/2008
Your best route is to speak to a reputable real estate agent who has a broad knowledge of the housing market in various parts of the city. Let him/her make a presentation to you about the options available to you. Obviously, if you have $5 million to spend, you can afford something decent, and are worth the time for... More
Answered By: DON W - 7/10/2008
If you get an apartment in NYC, I think that would be too small for a family of 5. Maybe get a nice house on the outskirts of NYC.
Answered By: ashhh - 7/10/2008
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