Financial District / Battery Park

If you want to live in Manhattan’s Financial District, it is important that you know the merits and the demerits of living in Financial District apartments and other facts about the neighborhood. This way, you will be able to make informed decisions. Manhattan’s Financial District, just as the name suggests, is home to most of the banks and other financial institutions. Since New York is the financial capital of the United States, it follows that the Financial District is home to some of the major financial institutions in the country. Examples of these are the Federal Reserve Bank of New York and the New York Stock Exchange.

The Financial District was also home to the World Trade Center before the September 11 bombing attacks. Given the fact that this is the financial capital of the New York and indeed the U.S., living in Financial District apartment rentals means you are conveniently housed in the heart of the U.S. financial center. This is particularly important if you are a broker, an investor, a banker, or an employee in the financial sector.  

Getting Manhattan apartments in the Financial District is advantageous in that you will in the heart of Manhattan. This means you get to enjoy all that Manhattan has to offer. This includes some of the best restaurants and hotels in the world, beautiful parks, stunning pre-war architecture, and historic and world-famous landmarks, among others things. For recreation, the neighborhood has City Hall Park, Battery Park and jogging paths. Other than the congestion, transportation is not a problem because almost all subway trains come to the neighborhood.

It is easy to get a rent apartment in Financial District, but making a purchase is another thing all together. Financial District real estate is among the most expensive in New York City given the high demand by those working in Wall Street and in the financial sector elsewhere in the district and the proximity of the district to some of the best things New York City has to offer. Most of the NYC apartment rentals in the financial district are no fee rentals.

Originally, the neighborhood was home to daytime traders and office workers, but the number of full-time residents has grown steadily over the past few years. According to 2008 estimates, the area has about 56,000 people. Most of the buildings were converted from office space into rental apartments and condominiums in the 90s and the early 2000s. This was done under the Lower Manhattan Revitalization Plan. Currently, you can choose between 5,000 apartments from 51 rental apartment buildings that used to be commercial buildings. This means you can find Condo rentals here, although you have to dig deep into your pockets, and you can find an apartment for sale in Financial District. There are several cooperatives, meaning you can find an apartment or a condominium through coop sales NYC.

Like most of downtown Manhattan, traffic is a big problem in the Financial District. The streets are usually congested and this leads to high levels of pollution. If you are considering NYC apartments here, note that parking will be an issue. There is no much of nightlife in the Financial District and if you are the partying type, you will have to look elsewhere. Rent in the Financial District is also on the higher side. There is a lot of construction going on and this might be a bother to you. Although the housing is clean and high quality, if you want to feel like you really live in New York, this might not be the place to be.

Battery Park

Battery Park City apartments stand out from the rest and they are conveniently located in a 25-acre piece of land. This area is not just a commercial base but it also serves as a residential block that fits the need of residents offering excellent luxuries as needed. Battery Park City apartment rentals are sandwiched by different streets and this is just a look at the border that surrounds the neighborhood in New York. To the north, you will find the Chamber Street while to the south will be Pier A. West Street will be the border to the East side and the west border is the River Hudson.

Battery Park City and the apartments thereof are the residential areas that were affected by the terror threat famed 9/11. There close proximity to the World Trade Center made a huge mark. However, more and more people today are looking to rent a Battery Park City apartment as they contribute to moving on. There is no question that even the bombing cannot halt this great area because people are moving on to greater heights. The government has been at the forefront to encourage people to buy the NYC apartments by providing vital rent subsidies that have worked beautifully.

Battery Park City real estate is one that shows evidence of construction wonders. It was birthed out of a landfill over the River Hudson to serve all those who did not desire to commute as they traveled to town. It is one of Manhattan apartments that are called the city within a city providing the modern comfort to those who occupy it. Located Southwest of Manhattan, this City continues to serve numerous people who only want the best in their choice of apartments. There are many attractions and features that best describe the NYC apartment rentals. First, its streets are well designed and they are definitely something to behold.

Apart from the inviting excellent streets, this city has boardwalks as well as many playgrounds that serve their purpose well. Children and all people can play in the facilities providing a great escape that is vital for living healthy. There are also beautiful parks that people can go to and relax enjoying all the wonders of nature. It has a variety of attractions and people who love marinas will find a good marina here. Fitness will also be facilitated by the esplanade that is used for jogging. All this is amid an excellent and majestic view of the Statue of Liberty as well as the expansive New York harbor.

This is the perfect place to find excellent condominium rentals and it is a serene quite environment that will attract many people. Those who do not enjoy the noise in Manhattan inner area will certainly enjoy the escape that is promising and rewarding. Many will actually fear the price but there are great offers that people need to look at. Go through the right channels and get offers that are suitable to your needs. Those who are determined will definitely get a share of Battery Park City. Residents will have all vital amenities that cater to life including schools, shopping centers, restaurants, galleries, museums among others.