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New to NYC and everytime i post something it's to learn something new about NYC as I continue to explore the city as a new resident.
I was playing around on the "street easy" app looking for apartments and i was flipping through the different neighborhoods and on the app it gives you info about "median rent" and to my surprise "Tribeca" has average rent of $7K+...Now granted, being new i don' tknow much about the area (yet) but why is it so expensive? I figured neighborhoods like upper east/west, SOHO, Chelsa, were expensive for obvious reasons but what is special about tribeca? what does it have that I haven't heard of or seen yet? educate me!
It's cuz it's mostly old converted lofts AFTER the loft laws so they don't apply, so lots of Artist wannabes (alhtough a lot of gallery owners lived down there in the early 00's). But also, because of all the new construction of luxury highrises coupled with the fact that it was never really residential the average price of aprartments down there seems absurd! but in other parts of manhattan you have rent-controlled, rent-stabalized, the projects, and other down market and up market market rate rentals, but there's just as many absurdly priced apartments up there. TriBeCa is new money corny.
Off the beaten path, but sill accessible. Not as artsy as soho/west village but not as corporate/stuffy as midtown/upper east side. Just in between.
It's the perfect place for Celebs. Amazing schools, cool vibe, great restaurants, cool name, no poor people, spacious housing, people like OP who don't even know about it, etc. help drive up the prices.
thinking about it right now... I can't think of any affordable housing lotteriest in that area!! (or maybe I never applied to them...) someone else could chime in... any 80/20 buildings out there? I don't think there are.
thinking about it right now... I can't think of any affordable housing lotteriest in that area!! (or maybe I never applied to them...) someone else could chime in... any 80/20 buildings out there? I don't think there are.
There was one, I'll try to find it. It wasn't even middle or moderate, it was low income.
Beautiful apartments, great light, fantastic schools, bars and restaurants that aren't all hype, easy subway access, close to the river, lots of lovely parks, small shops, not so many chains (used to be better). Plenty of 3 bedroom apartments for bigger families and lots of kid-friendly amenities. I've been down here for 14 years and the only reason I see to leave is to buy a townhouse in the village.
walking distance the financial district too for the wall street fat cats
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