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Upper West Side
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Developments Upper East Side
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Developments Midtown East
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Developments Clinton/Hell's Kitchen
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Developments Murray Hill
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Developments Chelsea
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Developments Gramercy Park
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Developments Greenwich Village
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Developments TriBeCa
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Developments East Village
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Developments Battery Park City
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Developments Soho
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Developments Midtown West
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Developments The most prominent stretch of residential living runs along 57th Street between Seventh and Ninth Avenue. The neighborhood's two largest residential complexes are the pre-war Parc Vendome condominium on 57th Street and the contemporary Worldwide Plaza mixed-use complex on 49th Street between Eighth and Ninth Avenue. To some, there is very little "neighborhood"
to this commercial corridor. Tight housing markets create new opportunities. For residential developers, Midtown West has proved no exception to this rule. Additional residential towers have risen along Broadway and Eighth Avenue. Two large rental buildings, The Longacre and The Gershwin have risen at the intersection of 50th Street and Eight Avenue in the shadows of Worldwide Plaza. In addition to the neighborhood's commercial
character, the city's largest concentration of
hotels is here, including the New York Hilton
and the Sheraton. The neighborhood also contains
some of the city's core cultural institutions
including Carnegie Hall, Radio City Music Hall
and the theatre district. Lower East Side
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Developments Historical Perspective: The Lower East Side has traditionally been the destination of immigrants looking to assimilate into America. In the later half of the 1900 century, European Jews began to arrive in increasing numbers; by the turn-of-the-century, this small area became the most densely populated neighborhood in the world. By the 1920's, new immigration laws halted the tide; combined with the movement of Jewish families to better neighborhoods, the ghetto of the Lower East Side began to change. Creation of the Five Points housing slum, the
tenements that housed America's new emigrants.
In the 1880's, influx of Italians and Jews. The construction of the Manhattan Bridge in 1909,
the third of the downtown bridges connecting Manhattan
with Brooklyn, further encouraged Jewish movement
to other sections of the city. Financial District
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Developments However, under the Guiliani administration, the
city government pushed for the conversion of underutilized
commercial property into residential usage. The last three years has seen a major shift in the character of the Financial District. No less than 15 major buildings have been converted or are currently being transformed into residential space. Dozens of smaller loft conversions have also taken place. Other underutilized properties have been converted to hotel usage. John Street, which is located on the northern end of the Financial District, has seen five conversions. Greenwich Avenue and West Street, two streets on the far west side of the district near the Financial District have also been transformed into mixed-use blocks. The transformation of the Financial District
into a 24/7 neighborhood is far from complete.
The service industries that go hand-in-hand with
residential life is slowly following the flow
of residents to the area. However, despite shortcomings,
lower prices and a quiet alternative to the combustion
of uptown continues to draw curious New Yorkers
to the world's most famous Historical Perspective: The historical roots of the nation's commercial trading structure lies in the deep history of the Financial District. Several factors contributed to the area's ascent as the world's beacon of commerce and trade. Settlers to the new nation took residence here and fanned northward. Traders and sea merchants took advantage of the proximity to the ports along the East River and set up their trading activities here. In 1793 this trading center evolved into the country's first stock exchange. Inwood
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Developments The last hidden treasure on the northern tip of Manhattan. Nestled between the Harlem and Hudson rivers, just north of the Fort Tryon Park, this gorgeous neighborhood offers the tranquility of suburbia and all the benefits of being in Manhattan. If you are tired of high rents and confining apartments, welcome to paradise. Inwood offers a vast inventory of massive pre-war apartments that to the amazement of many still maintain its amazing original detail. Just 30 minute commute to mid-town this beautiful neighborhood offers six hundred acres of park land including one of the city’s loveliest and least known park, Inwood Hill Park. Whether it’s hiking, jogging, walking, sight seeing, or cycling, the 6 mile of un-obstructed path would be an amenity that no other neighborhood will give you. Washington Heights
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Developments This rhythmic residential neighborhood has gained popularity with students, professionals and those new to the city. The neighborhood is still considered affordable and transportation is as good as it gets, taking only 25 minutes to reach mid-town Manhattan by subway. Although, Columbia Presbyterian hospital to the west, and Yeshiva University to the east are one of the biggest single landlords, apartments are still relatively easy to find. Washington Heights is an excellent place for students, artist, families, and those in general looking for a bargain. West Harlem
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Developments Rich in culture, Historic Harlem is experiencing a second renaissance. A strong economy and the Manhattan's booming real estate market have made Harlem one of the hottest places to live in New York City. Much of Harlem’s old buildings have been replaced with new housing (primarily new condos) and office buildings. Real estate investors have snatched up most of the beautiful 19th century brownstones in need of repair and have been restoring them to its formal glory. The result has been a vibrant neighborhood with an influx of middle-class professionals. 125th Street is the epicenter of Harlem and its main economic artery. From the legendary Apollo theater to its new main attraction the Magic Johnson movie theater keeps the neighborhood beating 24 hours around the clock. Today, Harlem is as superb as it has ever been and as lively as any other place in downtown Manhattan. Morningside Heights
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Developments This lively community occupying the rocky slopes of northern Manhattan is dominated physically, economically and socially by one of the nation’s oldest, richest and largest educational institution, Columbia University. Still considered by Manhattan’s standards relatively affordable this neighborhood is a mecca for students, professors and professional alike. Bounded on the west by the Hudson River (Riverside Park) and south by the northern tip of Central Park this neighborhood makes it an ideal location for those who love to have an active lifestyle while enjoying outdoor activities. Broadway; Morningside Height’s main street, showcases the small coffee shops, all-night fruit stands, the bars/jazz establishments and restaurants ranging from the affordable to the more elegant and sophisticated. The lively street life that continues late into the night makes this neighborhood safe and certainly a best pick. Columbia University continues to be the biggest single landlord in the area. However, occasional rentals does hit the open market and when they do, potential renters must act fast. Although this neighborhood is primarily comprised of Co-ops new Condo developments continue to be built. Co-ops and Condos are in very high demand and they have escalated steeply in price over the last couple of years, but they still represent a good value if not a bargain when compared to its sister neighborhood the Upper West Side. East Harlem
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Developments Spanish Harlem or El Barrio as better know is a bustling community revolving around one of its busiest thru fare, East 116th Street. This neighborhood is experiencing great progress as new developments are surfacing on the south border. This new era for East Harlem is a direct result of Manhattan's booming real estate market and the need for new land. As a result many city dwellers, investors and developers alike are just pouring into East Harlem trying to find a great bargain. |
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