Gazing down upon the city from an apartment high in the sky in New York City is a truly amazing experience. One can't help but marvel at the sheer magnitude of the city and of the multitude of people out there living separate yet connected lives working and playing in the sprawl below your urban aerie.Or you could be facing a brick wall less than an arm's length beyond your sooty window pane.
Views matter. They directly affect how much a space is worth. Two similar apartments across the hall from each other in the same building can vary in price by hundreds of thousands of dollars if one of those apartments overlooks a river or Central Park, while the other apartment overlooks the walls of a neighboring building.
Equally important as the view itself is the notion of how much sunlight an apartment receives. People overwhelmingly favor southern exposures that are "light & bright" over plain old "dark" whatever direction that may be facing.
If you are in the hunt for an apartment, expect to pay a premium for a great view or a space "bathed in glorious sunlight". On the flip side, if you're a person who isn't concerned with a view or who would actually prefer something darker, you're in luck. Great spaces can be had on the cheap compared to comparable apartments in the light & bright category. (One word of caution: Don't lose sight of the fact that when it's your turn to sell the apartment down the road, you too will have to price it attractively compared to the sunnier competition)
Summary:
The amount of sunlight an apartment receives as well as the quality of the view have a direct and tangible effect on the price of an apartment. If you're buying, consider that a compromise in one or both of these criteria can save you a lot of money, but consider too that when you put it up for sale you will face the same "visionary" challenges that the current seller is facing.
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