Renowned for its celebrity presence, extensive historical architecture, and artistic sensibilities, Tribeca is famous, or infamous, for being New York City’s most expensive neighborhood (Forbes ranked the area’s ZIP code as the twelfth-richest in the United States in 2006). Tribeca effortlessly mixes the upscale nature of Midtown Manhattan and Upper East Side and Upper West Side, with the gritty and bohemian feel of Downtown, in doing so ensuring that it remains as one of Manhattan’s trendiest spots. With no street grid, it is an enjoyable area to wander around on a warm or sunny day and any visitor, or resident for that matter, is guaranteed to stumble upon an inviting corner cafe or small pocket park.
Like its northeastern neighbor, SoHo, Tribeca was formerly an industrial center in Lower Manhattan. Its lofts, originally built to house sweatshops for textile workers and other manufacturing, were abandoned as industry moved out to the suburbs in the middle of the 20th century. Artists began to illegally squat these architectural treasures, eventually convincing the city government to rezone the neighborhood for residential use. In doing so, Tribeca became increasingly sought after by wealthier clients seeking out large spaces with an edgier atmosphere. These traits continue to draw residents to Tribeca.
Less commercialized than SoHo, in part due to its more separate location, it is an attractive area for young families who wish to remain in New York City but want an easier environment in which to raise children. Narrow cobblestone streets limit car traffic, keeping the neighborhood quieter and calmer but with the amenities that city life provides and the accessibility that comes with being above six subway lines. There is a certain charm in Tribeca that speaks to almost anyone; no wonder it’s such a desirable place to live.