A New York City company has found a very unique way to grant land ownership to New York real estate in bite-sized pieces. They’re selling one square inch parcels of land in the Empire State.
“If you can make it there you can make it anywhere,” so the song says. And people have been making it big in “The Big Apple” well before and after the song was written. Now anyone can make it there too and own a piece of “The Big Apple” for as little as $3.95.
The term “The Big Apple” was first popularized by John Fitz Gerald, who used it in his horse racing column in the New York Morning Telegraph in the early twenties writing. Other accounts have traced the “Big Apple” expression to Depression-Era sidewalk apple vendors, a Harlem night club, and a popular 1930s dance known as the “Big Apple.”
The New York “‘mini-estates” and all other states’ one-inch parcels can’t be built on, lived on or retired on. Owners cannot make any improvements or develop the parcels. Owners shall not occupy the parcels and must grant rights of ingress and egress over their parcel. But they are completely free of additional responsibility and obligations. And the fun of bragging about owning land in the United States is priceless, to say the least!”
Although use of the land may be limited, the responsibilities (as one would hope) are equally minimal. No paying taxes of any kind…ever! Owners need not mow their lawn, take out the trash, throw away junk mail, participate in local jury duty, or endure any other daily adversities associated with being a land owner.