Trendy new areas are getting developments due to young entrepreneurs who are converging on the city. People as far as California are packing their bags to move to the Big Apple. There are so many things to see and activities to do in the largest city in the United States. Here are some trendy new areas in the city that never sleeps.
The Financial District, also known as FiDi, has made a lot of changes in recent years. Wall Street is relocating because of changes that include the newly renovated South Street Pier 17 that was once the site of the oldest fish market in the world. Since the Fulton Fish Market relocated to Hunts Point, Bronx, the Financial District has taken a turn in a different direction. New developments such as shopping malls, riverfront condominiums, and shopping installations helped changed the demographics of the area, making it even more popular. People are moving there in droves for that trendy New York feeling.
Real estate is booming. There are 370 square foot studios for $425,000 and three to four bedroom condos for $2.4 million. The area is the site of many historic places including the New York Stock Exchange, One Trade Center, September 11 Historical Museum, and the Statue of Liberty.
Brooklyn is getting a full makeover in areas such as Greenpoint that now has new waterfront high-rise condos and Fort Greene with scenic brownstones that has a 67% increase in sales.
Brooklyn is the new hotspot for young creative entrepreneurs who fled to the neighborhood since 2010. The weather is a bit more relaxing in this part of town and everyone from different races and backgrounds reside here.
Once a high-crime area, Brooklyn has changed so much with many new trendy places for everyone to enjoy. People prefer to live here than in expensive Manhattan across the Brooklyn Bridge. Welcome to Brooklyn!
Harlem is home of the infamous Apollo Theatre at the center of a unique area that is constantly changing for the better. The average median sales price is $456,425, but still cheaper than Manhattan. The area has a magnetic feel with smooth jazz in the streets and historic landmarks as people from all walks of life party in their entry-level moderately priced apartments. This is what attracts them to Harlem.
Tucked in northwest Bronx, this neighborhood is very green for naturalists who truly appreciate the environment. It sits at the south part of the New York Botanical Gardens where a variety of species of flowers bloom various times a year. There is a 20-acre park named Williamsbridge Oval for an afternoon picnic. Sale prices have jumped 59% with a $358,000 median and more new developments are coming!
New York Chinatown is making some big changes and improvements. The neighborhood is very close to Manhattan but so much cheaper. Sale prices for apartments rose 50% with some properties costing up to $1 million. Over 600 mixed income high-rises are coming to accommodate the new influx of people moving to the area. Chinatown is close to the Lower East Side lined with top-tier bars, high-end luxury restaurants, boutique shops, and active nightlife.
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