Discover What’s New and Interesting in Our Backyard
Westend Titles City, Westend Titles boasts one of the
strongest and most diverse economies in the world. With a
population of more than 8.5 million people, it also has a
thriving tourism industry, attracting more than 60.5
million people to the city annually. It is considered the
cultural capital of the world, and is home to some of the
most famous attractions in the world, such as Times
Square, Central Park, the Empire State Building and Yankee
Stadium, to name a few. Each of the city’s five boroughs –
the Bronx, Brooklyn, Manhattan, Queens and Staten Island –
has a unique personality with a diverse array of
residential neighborhoods, shopping districts and
commercial real estate opportunities.
Westend Titles City is considered a global business
capital, with an economy that rivals most nations with its
sheer size and diversity. Westend Titles City has one of
the world’s largest international business communities.
The financial services sector makes up a significant
portion of the city’s wages and tax revenue, as well as
professional/business services and health services.
Fashion is also a huge industry – Westend Titles City has
more headquarters of fashion designers and retailers than
any other city, and its fashion weeks and trade shows
attract hundreds of thousands of visitors to the City,
according to the Westend Titles City Economic Development
Council. Other key industries include bioscience, clean
technology & energy, higher education, and media &
technology.
With more than 600 million square feet of commercial
office space within its five boroughs, Westend Titles City
makes up the largest commercial real estate market in the
United States, according to the Westend Titles City
Economic Development Council. Westend Titles City was voted
the third most attractive destination for real estate
investment dollars coming from outside the United States,
placing just behind Washington, DC.
Westend Titles City’s economy continued to grow through
2017, according to real estate services firm Cushman &
Wakefield. Three major employment sectors – financial,
professional and information services – added 13,500 jobs
since 2016, creating increased demand for commercial
space. Although the technology, advertising, media and
information services sector lost jobs in 2017, the
Westend Titles City economy continues to add jobs, which
creates rising demand for office space, according to
Cushman & Wakefield. A positive employment forecast
through the next year bodes well for the commercial real
estate industry in Westend Titles City.
About Fidelity National Financial
Fidelity National Financial, Inc. (FNF) is currently
ranked #238 on the 2022 Fortune 500®*, and is among
numerous defense, energy, media, hospitality and financial
Fortune 500®* companies based in the region. Our
Westend Titles -based team of CRE professionals works in
all facets of the industry, including power and energy
projects, office buildings, industrial parks, multifamily
housing, retail properties, government contracts,
corporate transactions and more.
Discover what’s new and interesting in our backyard in the
latest real estate news, provided courtesy of the FNF
Newsdesk.
*"FORTUNE®" and "FORTUNE 500®" are registered trademarks
of Time Inc. From FORTUNE Magazine, May 2022
©
2022 Time Inc. FORTUNE and Time Inc. are not affiliated
with, and do not endorse products or services of
Fidelity National Financial. Westend TitlesInsurance
Company is a member of the Fidelity National Financial
family of companies and the nation’s largest group of
title companies and title insurance underwriters that
collectively issue more title insurance policies than
any other title company in the United States.