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70 Pine Street Luxury Rentals Revealed

70 Pine Street Luxury Rentals

Though office-to-residential conversions have certainly been popular in recent years, it’s not every day that a landmarked skyscraper is turned into luxury apartments. Rumors of the vacant 70 Pine Street floated for years, but the details have finally been released.

Financial District Condos Converting into Rentals

When New Yorkers think of the Financial District, the last image that would ever come to mind is that of a residential neighborhood. After all, the Financial District wouldn’t be called such if it was populated with residential buildings rather than business headquarters and offices. Yet, that is exactly what many Manhattan residential developers have envisioned in the recent years. In an attempt to revitalize the Financial District as a viable residential neighborhood in downtown Manhattan, many developers have converted what were once old office buildings into condos. The only problem is that nobody wanted to buy. But a buyer's loss is swiftly turning into renters' gains.

Hudson Square: The Little NYC Area That Could

NYC Luxury Rentals - Hudson SquareWhat was once New York City’s premier printing neighborhood is now one of New York City’s best up-and-coming finds. Hudson Square is a modest stretch of land bordered by Greenwich Village, TriBeCa and SoHo in downtown Manhattan. More specifically, Hudson Square (also referred to by its lesser known name West Soho) runs from West Houston Street and Canal Street and sits between 6th Avenue and the Hudson River. Hudson Square contains the largest concentrations of early 19th century Federalist and Greek revival style row houses, and as the area continues to boom commercially with investors and vendors, luxury rental apartments near Hudson Square are steadily gaining popularity.

Getting In The Zone: Department of City Planning Considering Re-Zoning Tribeca To Create More Residential Space

There's a lot to like about Tribeca, which is home to some of the most distinctive-looking blocks in Manhattan, as well as some of NYC's finest restaurants, shopping and art galleries. All of which makes it even more of a pity that there are relatively few rental listings in Tribeca, relative to its neighbors. But while the existing building stock in Tribeca -- much of it a century old and safely landmarked -- will probably prevent it from becoming a luxury rental listing mecca like the Financial District (Tribeca's neighbor to the south) or Soho (its neighbor to the North), a long-awaited plan to re-zone the largely industrial northern part of Tribeca to allow for more residential development is beginning to make its way through the Dpeartment of City Planning and Community Board 1. If approved, the re-zoning of Tribeca could make for a boom in Tribeca apartment listings, and thus make it easier to find a place to live in one of Manhattan's coolest residential neighborhoods.