In Demand: A Home Address in the Financial District

Posted on Tue, 08-28-2012

One of the most bustling neighborhoods in New York City, the Financial District has long been a hub for all things business. With the New York Stock Exchange and the Federal Reserve Bank of New York both located in this neighborhood, and add to that the chaotic yet vital hubbub that resounds out of Wall Street, it is not really hard to understand why this neighborhood is so important for financial institutions. However, while the neighborhood may be synonymous with the bulls and the bears that run the city, the Financial District is now being increasingly known for another topic altogether: luxury real estate. The charm, elegance and the many landmarks in the Financial District has made it a very desirable place to live in New York City.

Yes, one of the oldest neighborhoods of Manhattan is becoming one of the newer and more alluring spots for luxury living in the city. Several of the old commercial buildings in this vibrant and exciting neighborhood have been converted into luxury condominiums, making them ideal living spaces for people who want to be in the center of all the action happening in the neighborhood. The Financial District contains residences that are both stunning and customizable, and also allows residents to enjoy the prestige of a Financial District address. For instance, who wouldn’t want to live in the historic Woolworth building—there’s bound to be a lot of interest in .

The Wall Street Journal recently showcased an apartment at Downtown by Starck, located at 15 Broad Street, which has been home to Marc Berger, his wife, Lottie Oakley, and their daughter, Zoee, for more than five years. Although they initially had reservations about the neighborhood being good for their child, the beautifully designed apartment along with the amazing amenities, and the enviable location opposite the stock exchange soon won them over. Besides 15 Broad Street, there are a number of new developments in the area like 20 Pine and Greenwich Club Residences, which, as the Journal reports, has been attracting “a young, cosmopolitan set to the area,” thereby making the Financial District not just a kid-friendly neighborhood, but also an adult-friendly one.

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