According to a global survey, New York is ranked the No. 1 city for foreign real estate investors in 2011, reports Crain’s New York.

The Big Apple beat out London and Washington to become the favorite with investors for the upcoming year (moving up from the third place spot in 2010), according to the annual survey of the Association of Foreign Investors in Real Estate.

What does this mean? At least a few people have hope for the 2011 economic landscape.

“As the fear of a double-dip recession has faded, investors are becoming more enthusiastic about the prospects for the U.S. economy and are taking aim at real estate investment opportunities,” AFIRE Executive Director James Fetgatter told the Washington Business Journal.

The Journal also reports that a whopping 72% of AFIRE members surveyed plan to invest more in the U.S. this year.

Globally, Washington reportedly came in second place, followed by London in third. The top five favorite cities in the U.S. were New York, Washington, Boston, San Francisco and Los Angeles.

Report by Nicole Carter – NY DAILY NEWS

Fifth Avenue is situated in the centre of the borough of Manhattan in New York City. The Avenue starts at Washington Square Park in Greenwich Village and runs in a northerly direction through the heart of Midtown along the eastern side of Central Park. It then becomes part of the boundary of the Upper East Side and ends at the Harlem River at 142nd. Street.

The Avenue has many spectacular and famous landmarks and is lined with luxury retail stores. It has some of the most expensive real estate in the United States.

A 800 square foot one bedroom condo can cost a million dollars upward, go get!

Find out more about real estate in New York.

A popular place for buying Real Estate in New York is Greenwich Village…

Greenwich Village in Lower Manhattan, was once known as the bohemian capitol, although these days are long gone, it is still home for many colorful artistic creative characters. A large majority of its residents is made up of upper middle class families. Many of the neighborhood’s narrow and curved streets are cobble stoned with lots of nooks and crannies. The layout of the village is haphazard and not like the grid plan layout of other New York City neighborhoods. Most of the apartments are in 19th. century houses and mid-rise buildings.

Apartments that come on to the market tend to be bought quickly, so prices in Greenwich are among the highest in Manhattan.

Median Prices for Apartments :

Studio……$445,000
1 Bed……$790,000
2 Bed……$850,00

Find out more about New York Real Estate

If you’ve lots of money and are looking to buy an apartment in a top neighborhood in New York city, then Manhattan’s Upper East Side is the place for you. Soon you could be stepping from your apartment into Central Park for a jog, then back to your condo’s gym for a workout and massage. after a shower it’s off to your favorite restaurant for coffee and some hot buttery croissants. Now the hard work begins….Where will you visit today? The shops on Madison Avenue or a trip to one of the many world famous museums nearby? Decisions, decisions, Oh life can be so tough!

I cant wait to tell Hubby about the bargain 3 bedroom Condo on Park Avenue, that’s going for a snip at a tad over 5 mill. and it comes with a parking space.

See Real Estate in New York.