main article: What are the Dimensions of the Empire State Building?

By the American Society of Civil Engineers, the Empire State Building considered is one of the Seven Wonders of the Modern World. The building that completely built in 1931 and located at Fifth Avenue of Manhattan, New York, has 102 floors and was the tallest building all over the world for over forty years.

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Ever since its grand opening, Empire State Building is a record holder. At this momment, it is the tallest structure in New York City after the ruin of World Trade Center on the 9/11 tragedy. It is the 2nd tallest building in USA after Willis Tower in Chicago and in the world, it ranked in 11th position. It is also the fourth tallest self-supporting structure in USA.

Around the era it was built, the dimensions of the Empire State Building are world breaking. It stands 1,250 feet or 381 meters from the ground to 102nd floor. Should the pinnacle is included in the computation which is about 203 feet or 62 meters, the total height of the structure is approximately 1,453 feet or about 443.09 meters.

Out of 102 stories, 85 stories of the building are used as offices and for commercial use. These offices cover the area for about 2,158,000 square feet or 200,500 square meters area. An outdoor and indoor obvervation deck located on the 86th floor. The 16 stories embody the Art Deco tower that is topped by an observatory in the 102nd floor. The 203 feet pinnacle at the top is used to place broadcast antennas and, at its very peak, a lightning rod.

This is the first building to have more than 100 floors. There are 73 elevators and 6,500 windows. From the street area to the top floor, there are a total of 1,860 steps. The dimension of the floor area is 2,768, 591 square feet or 257,211 square meters, the base is about two acres or 8,094 square meters.

There are 1,000 businesses operating in the building and its own zip code is 10118. In year 2007, it estimated that 21,000 people work in the building every day. Thus, it is considered to be the second biggest workplace complex in USA next to the Pentagon.

Here’s few more fact about the Empire State Building:

• 70 miles or 113 kilometer of pipe
• 2,500,000 feet or 760,000 of electrical wire
• 9,000 faucets
• The heater used is the low pressure steam
• The exterior wall of the building is composed of panels made of Indiana limestone
• It will take someone more or less a minute to reach the 86th floor from the street level using an elevator
• Cost to build = $40,948,900

In contrast to modern skyscrapers, the building highlights the design of art deco that is common to New York’s architecture before the World War II. Lasting calculation of the structure’s life cycle was put into practice during the planning and design phase. This is to make sure that the building is useful and reliable for the future generations.

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Countries around the world have adapted the boom period prices and now are offering real estate properties with alluring discounts. Investors in real estate look forward to these days. To bag a low price. What are the dissimilarities between the competitors?

The USA real estate prices are not yet seeing a comeback, whereas in Canada the multiple listing services have a multitude of real estate and prices are beginning to climb. So do lower prices mean a prime investment? Canada is still seen as the prime real estate investment option by those whose job it is to monitor it.

The most viable option for real estate investment is still Canada over the the USA as stated by property experts all over the world. Even though prices seem to be levelling off in the USA, experts assume that there may be more drops ahead. At this time there is many problems affiliated with the US property market, such as inadequate returns and high taxes. As a result the US market received only 2 stars out of 5 in a long term investment assessment chart.

Canada has aquired 3 out of 5 stars in the same chart. This is because it has an improved taxation system, a fair rental market and a more reliable economy. (For clarification the city represented in Canada is Toronto and the USA is New York)

Transactions costs are smaller making Canada an even more attractive investment option. Transaction costs are inclusive of registration, real estate agent, legal charges and sales, transfer taxes. These costs are much less in Canada than in the USA, 6.96% compared with 9.07% Over 2% higher charges will make a variance when an investor tallys up their choices.

No matter which country you choose in the end, I wish you the best of luck with your investment.