Apartment rentals New York with Financial District Apartment Listings

Manhattan's Rental Inventory to Stay Scarce

The December 2011 rentaFinancial Districtl market report showed that prices for luxury Manhattan rentals were considerably higher than they had been the year before. Experts said this indicated how much the real estate market had recovered from the 2007 market crash, but most agreed it was abetted by a particularly scarce rental inventory. And while rental availability always ebbs and flows, the Wall Street Journal is reporting that new rental buildings could literally run out of space. Manhattan neighborhoods are running out of areas currently zoned for residential construction.

New York By Gehry/8 Spruce Street/That New FiDi Luxury Rental Tower: Whatever You Call It, It's Greener Than Advertised

Given all the attention that NYC real estate heads gave 8 Spruce Street, the game-changing new luxury rental building in the Financial District designed by Frank Gehry, it's something of a surprise that there are things about the building we don't already know. Any Manhattan real estate watcher can quote you the starting prices for studio apartments for rent at 8 Spruce Street -- around $2,600, if you were wondering -- and of course the name of the star architect behind this most well-observed of Financial District rental listings is right there in one of 8 Spruce Street's alternate names, New York By Gehry. But for all this celebrity luxury rental listing's sky-high profile, it's something of a secret that 8 Spruce Street belongs among on any list of green rental listings in Manhattan. And while that secret is out, there's also a reason why 8 Spruce Street isn't flacking its green building bona fides.

Go East: Lower Manhattan's East River Park Just About Finished

You live in an apartment in the Financial District. Or a luxury rental on the Lower East Side. Or are browsing East Village rental listings. Congratulations: you have good taste, both in Manhattan neighborhoods and in NYC real estate listings sites. Let's continue. You're looking for a Manhattan rental apartment that offers more than, you know, an apartment and a fistful of amenities. You'd like some green space in your neighborhood. Check. You like to jog. Check. You play basketball, say, soccer. Check. You enjoy lounging, or fishing, just taking in some river views. Check, check, check please. There is a park near your apartment where you can do all these things. Check... almost. Yes, work on the long-awaited East River Park is almost done.

Growing Up, Partying Down: New York Observer on the New, Improved -- And Much More Fun -- Financial District

2 Gold Street

NYC dwellers of long standing -- or even longish standing -- remember a time when the Financial District was, finally, just that: a place where finance got done and power lunches were devoured, and just about that. Restaurants were closed by dinner time, bars locked up after happy hour, and grocery stores were something that existed 20 or more blocks north. That old Financial District doesn't really match with the Financial District of today, which has become one of Manhattan's fastest-growing and most promising residential neighborhoods -- and, not for nothing, also home to what are, per square foot and despite a recent rise in prices, the least expensive Manhattan apartments for rent this side of Harlem. The grand buildings of the Financial District -- many of them luxury rental buildings converted from previous lives as the office towers that used to define the neighborhood -- are home to a bunch of impressive and impressively appealing Financial District rental apartments but the neighborhood itself is, as the New York Observer's Guelda Voien points out, increasingly home to a vibrant and well-rounded neighborhood -- one where stroller-pushing families comfortably share space with party-throwing twentysomethings. Not bad, honestly, for a neighborhood that used to be a ghost town after the closing bell -- and nothing compared to what the Financial District promises to become over the next decade.