The Financial District has long been a banking district, frequented Monday to Friday only, by suits and wolves (the Wall Street kind). Somewhat neglected by families, investors and New York residents, the FiDi had a bad reputation. But that was before. The new buildings now sprout like mushrooms, the day is hectic but security is assured, in short it is now a good choice to reside in the economic heart of the world; living in Fidi has never been so trendy.
The Financial District, a neighborhood rich in resources
Known as FiDi by locals, this neighborhood has almost single-handedly created the image of New York City as a bustling hub of business and commerce. In addition, there is the New York Stock Exchange, the Federal Reserve Bank and, of course, Wall Street. Although it is primarily populated with CEOs and entrepreneurs, more than 60,000 people live in the Financial District (and this is just the beginning).
A pleasant living environment, connected and near the water
This area is bounded by Chambers Street to the North, West Street … to the west, the FDR Drive to the east and the water to the South … Despite its location at the tip of Manhattan, Financial District is extremely well connected by subway, bus, and express train. So you will be at the tip, yet conveniently close to everything.
An indisputable asset of FiDi is its proximity to Hudson River and East River, which, in addition to bringing a delicious breeze on sunny days, offers you the opportunity to enjoy the pleasures of water. Whether you own a boat or not, Pier 15 and 17 are fantastic places to spend a day. You can kayak on the Hudson, admire the Statue of Liberty while watching the ferries, then later, head to the luxury shops of the Fulton Center or stroll along Board Street for a bit of shopping (well-deserved). Relaxation guaranteed.
The Financial District is also a neighborhood with a dynamic nocturnal life and this Fidi experience begins on the plate: several famous restaurants share the culinary scene of the district and there are dozens of drinking options a land in (high) terrace.
The thriving Fidi real estate market
The real estate landscape of the neighborhood is rather vertical with majestic skyscrapers that jump into the sky and beautifully renovated historic buildings. In fact, the 20 Exchange Place or the Woolworth Building or the newest One World Trade Center are known and admired worldwide. In addition, the Financial District has street sculptures of world-renowned architects, such as Oculus on Greenwich Street, or Charging Bull on Wall Street.
It is in this magical and cozy environment that you will have the chance to live daily if you buy an apartment in the Financial District. Many offices have been converted into beautiful apartments, offering services that rival luxury and modernity. We also see the birth of dozens of real estate projects, the residence of The Beekman Residences or 20 Pine, notorious for these sublime Armani fixtures, or the penthouses of 125 Greenwich Street with sublime views of the skyline of Lower Manhattan, the Statue of Liberty, or Ellis Island in the distance. All of these condos offer private access to the subway, state-of-the-art gyms, a billiard room, jacuzzi and sauna.
Strong and varied rental offers
True, the Financial District is an expensive neighborhood, but fortunately, the rental offer promises everyone to find the apartment they need. Good news though, most of the new apartment buildings and condos are perfectly arranged, offering spacious and bright common spaces and are equipped with a gym, a doorman 24/24, swimming pools, and all other comfort you can imagine. Put aside between $3000 to $5000 for a beautiful T1 and its breathtaking view. To rent, larger spaces are rarer, but with a BARNES consultant at your side, nothing is impossible!