Apartment rentals New York with Downtown Apartments

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.

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.