Wall Street (Financial District)
Safe, clean, and just a short walk away from both Soho and Tribeca, the Financial District offers everything that Manhattan residents want and more. Also commonly known as FiDi, this flourishing neighborhood’s reputation is on the rise. Once known for being the center of financial world and little else, it has been completely revitalized in the past 10 years. In 2001, roughly 20,000 people lived there, now the population is over 56,000; and during that period the number of residential units has more than doubled, going from 13,000 to 27,000. What was once a place where single 20-somethings got their first apartments, the Financial District is now very family-oriented: new preschools, playgrounds, public schools, and parks are springing up all over the area. Overall, the mix of young singles and families make the Financial District both vibrant and quiet, and what was once an area that emptied out after business hours is now full of activity 24-hours a day, 7-days a week. Population growth has created a strong market for all the essential parts of Manhattan living, and now many high-end retail stores, restaurants, and gourmet grocers inhabit the area. Sub-neighborhoods Battery Park City, Wall Street and South Street Seaport in FiDi each have their own distinct attributes and benefits, so there’s no shortage of options for Manhattan renters and buyers.
The world-renowned architecture in the Financial District is a large part of its appeal. Consisting of a mix of magnificent pre-war high-rises and formidable new residential high-rises, the architecture in FiDi captures both the height of creativity in skyscraper construction and the best of new construction. Many of those skyscrapers - such as 20 Exchange Place and 200 Water Street - have been extensively renovated and converted into residential buildings, while newer building like 2 Gold Street and New York by Gehry are the pinnacle of high-end luxury in Manhattan. All of the high-rises that form the skyline of lower Manhattan offer stunning views, mainly because of the close-up look at the surrounding architectural marvels. The recent wave of construction and conversion is still going strong. Manhattan residents are realizing that FiDi is one of the best neighborhoods around, and the population is expected to surpass 60,000 residents soon. And while it might not be obvious, FiDi is an exceptionally green neighborhood: based on the amount of green spaces, the air quality, the number of green buildings, and living costs, the New York Daily News rated Battery Park City as the greenest neighborhood in New York City. Clearly, the Financial District has grown by leaps and bounds, and with that growth the character of FiDi has changed profoundly. All signs point to even better changes in the years to come.