New York
Why High-Net-Worth Individuals Move to New York
New York City remains the global epicenter of finance, culture, and opportunity. For HNW individuals, the city offers unmatched access to capital markets, elite social networks, premier cultural institutions, and luxury lifestyle infrastructure.
Despite high taxes, New York’s draw lies in its strategic value: proximity to hedge funds, private equity, international business, world-class education, luxury healthcare, and a dynamic social ecosystem.
Key Reasons Affluent Individuals Move to New York
Access to global financial centers: Wall Street, Midtown Manhattan, private banking hubs
Cultural epicenter: Broadway, Metropolitan Museum, Lincoln Center, fashion events
Premier real estate options: Upper East Side, Tribeca, SoHo, Greenwich Village
Elite education: NYC private schools, specialized high schools, access to Ivy League prep
Networking and influence: political, philanthropic, entrepreneurial connections
Luxury services: personal shopping, private concierges, tailored lifestyle management
Healthcare excellence: Mount Sinai, NY-Presbyterian, Lenox Hill Hospital
International connectivity: JFK, LaGuardia, Newark airports; private jet services
For HNW families and entrepreneurs, New York delivers opportunity, prestige, and access to the global elite.
2. What to Expect Living in New York
New York offers a high-energy, cosmopolitan lifestyle. Residents can choose from luxury penthouses, historic townhouses, and exclusive suburban estates. While Manhattan is bustling and densely populated, nearby suburbs like Westchester, The Hamptons, and Long Island provide privacy, space, and family-oriented estates.
Lifestyle Overview
Fast-paced, high-expectation urban life
Access to the world’s best restaurants, theaters, galleries, and nightlife
Family-friendly luxury suburbs with private clubs, golf courses, and estates
Daily life blends business, leisure, and cultural engagement
Climate
Four seasons: hot summers, cold snowy winters
Spring and fall are ideal for outdoor activities and social events
Winter requires luxury indoor lifestyle planning (heating, winter amenities)
Day-to-Day Life
Morning workouts, personal assistants, or chef-prepared breakfasts
Business meetings, investor lunches, or cultural events during the day
Evening dinners at Michelin-starred restaurants or private club events
Weekends in Hamptons or Hudson Valley estates for outdoor relaxation
Ongoing social and philanthropic engagements
New York is ideal for individuals who value influence, culture, and direct access to opportunity.
3. High-Net-Worth Priorities in New York
1. Taxes & Wealth Considerations
New York City & State have high income and property taxes
Tax planning often involves trusts, family offices, and residency structuring
HNW residents often maintain dual domiciles in tax-friendly states (CT, FL, NJ)
Estate planning and asset protection are highly sophisticated
2. Luxury Real Estate
Key neighborhoods for HNW individuals include:
Manhattan: Upper East Side, Tribeca, SoHo, Flatiron, Central Park South
Brooklyn: Brooklyn Heights, Dumbo, Cobble Hill (modern luxury estates)
Suburbs: The Hamptons, Westchester, Greenwich (CT, close to NYC)
Property types:
Penthouse apartments with skyline or Central Park views
Historic townhouses
Gated estates in suburban luxury enclaves
Price ranges: $5M–$50M+, with off-market luxury opportunities for complete privacy.
3. Private Education
Top private schools include:
Collegiate School
Trinity School
Brearley School
Chapin School
Riverdale Country School
Ethical Culture Fieldston School
New York also provides access to elite boarding school pipelines and Ivy League prep programs.
4. Healthcare & Concierge Medicine
Mount Sinai Health System
NY-Presbyterian
Lenox Hill Hospital
Concierge and VIP medical services are widespread
5. Lifestyle & Clubs
Union Club, University Club, Metropolitan Club
Exclusive networking clubs for finance, media, and philanthropic circles
Yachting access from the NYC harbor or Long Island Sound
High-end cultural memberships: Museum of Modern Art, Metropolitan Opera
6. Airports & International Access
JFK, LaGuardia, Newark: direct flights to all continents
Private jet terminals at Teterboro and Westchester
Frequent flyer options for global HNW mobility
New York
Why High-Net-Worth Individuals Move to New York
New York City remains the global epicenter of finance, culture, and opportunity. For HNW individuals, the city offers unmatched access to capital markets, elite social networks, premier cultural institutions, and luxury lifestyle infrastructure.
Despite high taxes, New York’s draw lies in its strategic value: proximity to hedge funds, private equity, international business, world-class education, luxury healthcare, and a dynamic social ecosystem.
Key Reasons Affluent Individuals Move to New York
Access to global financial centers: Wall Street, Midtown Manhattan, private banking hubs
Cultural epicenter: Broadway, Metropolitan Museum, Lincoln Center, fashion events
Premier real estate options: Upper East Side, Tribeca, SoHo, Greenwich Village
Elite education: NYC private schools, specialized high schools, access to Ivy League prep
Networking and influence: political, philanthropic, entrepreneurial connections
Luxury services: personal shopping, private concierges, tailored lifestyle management
Healthcare excellence: Mount Sinai, NY-Presbyterian, Lenox Hill Hospital
International connectivity: JFK, LaGuardia, Newark airports; private jet services
For HNW families and entrepreneurs, New York delivers opportunity, prestige, and access to the global elite.
2. What to Expect Living in New York
New York offers a high-energy, cosmopolitan lifestyle. Residents can choose from luxury penthouses, historic townhouses, and exclusive suburban estates. While Manhattan is bustling and densely populated, nearby suburbs like Westchester, The Hamptons, and Long Island provide privacy, space, and family-oriented estates.
Lifestyle Overview
Fast-paced, high-expectation urban life
Access to the world’s best restaurants, theaters, galleries, and nightlife
Family-friendly luxury suburbs with private clubs, golf courses, and estates
Daily life blends business, leisure, and cultural engagement
Climate
Four seasons: hot summers, cold snowy winters
Spring and fall are ideal for outdoor activities and social events
Winter requires luxury indoor lifestyle planning (heating, winter amenities)
Day-to-Day Life
Morning workouts, personal assistants, or chef-prepared breakfasts
Business meetings, investor lunches, or cultural events during the day
Evening dinners at Michelin-starred restaurants or private club events
Weekends in Hamptons or Hudson Valley estates for outdoor relaxation
Ongoing social and philanthropic engagements
New York is ideal for individuals who value influence, culture, and direct access to opportunity.
3. High-Net-Worth Priorities in New York
1. Taxes & Wealth Considerations
New York City & State have high income and property taxes
Tax planning often involves trusts, family offices, and residency structuring
HNW residents often maintain dual domiciles in tax-friendly states (CT, FL, NJ)
Estate planning and asset protection are highly sophisticated
2. Luxury Real Estate
Key neighborhoods for HNW individuals include:
Manhattan: Upper East Side, Tribeca, SoHo, Flatiron, Central Park South
Brooklyn: Brooklyn Heights, Dumbo, Cobble Hill (modern luxury estates)
Suburbs: The Hamptons, Westchester, Greenwich (CT, close to NYC)
Property types:
Penthouse apartments with skyline or Central Park views
Historic townhouses
Gated estates in suburban luxury enclaves
Price ranges: $5M–$50M+, with off-market luxury opportunities for complete privacy.
3. Private Education
Top private schools include:
Collegiate School
Trinity School
Brearley School
Chapin School
Riverdale Country School
Ethical Culture Fieldston School
New York also provides access to elite boarding school pipelines and Ivy League prep programs.
4. Healthcare & Concierge Medicine
Mount Sinai Health System
NY-Presbyterian
Lenox Hill Hospital
Concierge and VIP medical services are widespread
5. Lifestyle & Clubs
Union Club, University Club, Metropolitan Club
Exclusive networking clubs for finance, media, and philanthropic circles
Yachting access from the NYC harbor or Long Island Sound
High-end cultural memberships: Museum of Modern Art, Metropolitan Opera
6. Airports & International Access
JFK, LaGuardia, Newark: direct flights to all continents
Private jet terminals at Teterboro and Westchester
Frequent flyer options for global HNW mobility
New York
Why High-Net-Worth Individuals Move to New York
New York City remains the global epicenter of finance, culture, and opportunity. For HNW individuals, the city offers unmatched access to capital markets, elite social networks, premier cultural institutions, and luxury lifestyle infrastructure.
Despite high taxes, New York’s draw lies in its strategic value: proximity to hedge funds, private equity, international business, world-class education, luxury healthcare, and a dynamic social ecosystem.
Key Reasons Affluent Individuals Move to New York
Access to global financial centers: Wall Street, Midtown Manhattan, private banking hubs
Cultural epicenter: Broadway, Metropolitan Museum, Lincoln Center, fashion events
Premier real estate options: Upper East Side, Tribeca, SoHo, Greenwich Village
Elite education: NYC private schools, specialized high schools, access to Ivy League prep
Networking and influence: political, philanthropic, entrepreneurial connections
Luxury services: personal shopping, private concierges, tailored lifestyle management
Healthcare excellence: Mount Sinai, NY-Presbyterian, Lenox Hill Hospital
International connectivity: JFK, LaGuardia, Newark airports; private jet services
For HNW families and entrepreneurs, New York delivers opportunity, prestige, and access to the global elite.
2. What to Expect Living in New York
New York offers a high-energy, cosmopolitan lifestyle. Residents can choose from luxury penthouses, historic townhouses, and exclusive suburban estates. While Manhattan is bustling and densely populated, nearby suburbs like Westchester, The Hamptons, and Long Island provide privacy, space, and family-oriented estates.
Lifestyle Overview
Fast-paced, high-expectation urban life
Access to the world’s best restaurants, theaters, galleries, and nightlife
Family-friendly luxury suburbs with private clubs, golf courses, and estates
Daily life blends business, leisure, and cultural engagement
Climate
Four seasons: hot summers, cold snowy winters
Spring and fall are ideal for outdoor activities and social events
Winter requires luxury indoor lifestyle planning (heating, winter amenities)
Day-to-Day Life
Morning workouts, personal assistants, or chef-prepared breakfasts
Business meetings, investor lunches, or cultural events during the day
Evening dinners at Michelin-starred restaurants or private club events
Weekends in Hamptons or Hudson Valley estates for outdoor relaxation
Ongoing social and philanthropic engagements
New York is ideal for individuals who value influence, culture, and direct access to opportunity.
3. High-Net-Worth Priorities in New York
1. Taxes & Wealth Considerations
New York City & State have high income and property taxes
Tax planning often involves trusts, family offices, and residency structuring
HNW residents often maintain dual domiciles in tax-friendly states (CT, FL, NJ)
Estate planning and asset protection are highly sophisticated
2. Luxury Real Estate
Key neighborhoods for HNW individuals include:
Manhattan: Upper East Side, Tribeca, SoHo, Flatiron, Central Park South
Brooklyn: Brooklyn Heights, Dumbo, Cobble Hill (modern luxury estates)
Suburbs: The Hamptons, Westchester, Greenwich (CT, close to NYC)
Property types:
Penthouse apartments with skyline or Central Park views
Historic townhouses
Gated estates in suburban luxury enclaves
Price ranges: $5M–$50M+, with off-market luxury opportunities for complete privacy.
3. Private Education
Top private schools include:
Collegiate School
Trinity School
Brearley School
Chapin School
Riverdale Country School
Ethical Culture Fieldston School
New York also provides access to elite boarding school pipelines and Ivy League prep programs.
4. Healthcare & Concierge Medicine
Mount Sinai Health System
NY-Presbyterian
Lenox Hill Hospital
Concierge and VIP medical services are widespread
5. Lifestyle & Clubs
Union Club, University Club, Metropolitan Club
Exclusive networking clubs for finance, media, and philanthropic circles
Yachting access from the NYC harbor or Long Island Sound
High-end cultural memberships: Museum of Modern Art, Metropolitan Opera
6. Airports & International Access
JFK, LaGuardia, Newark: direct flights to all continents
Private jet terminals at Teterboro and Westchester
Frequent flyer options for global HNW mobility