Manhattan’s Hell’s Kitchen is burning up these days as a host of new construction condo developments have helped the once warehouse-full neighborhood earn its status as one of the most in-demand neighborhoods in Manhattan real estate. Hell’s Kitchen is saying goodbye to old patches of cement meant for parking lots and boarded-up buildings that waste space, and those browsing Manhattan rental listings can attest to the fact that the new Hell's Kitchen rentals that have risen from those formerly vacant lots are very appealing indeed.
The Wall Street Journal traces the rise to popularity of this once-underdeveloped -- and poorly named: we, and you, should be calling it Clinton these days -- neighborhood, thanks in large part to a bumper crop of new construction luxury rental developments. And with these new apartment complexes comes a demand for more commercial business to move into the area; Hell’s Kitchen's future looks bright not only in terms of new luxury rental housing, but in terms of the commercial development that will follow on behind.