On the tip of the peninsula, just south of Manhattan, between City Hall and Battery Park where depart the ferry to the statue of liberty, there is the Financial District. Business district of Manhattan, this is where American seats of major financial institutions worldwide. Bustling day but quiet evening and week-end, this part of the city is transformed little by little face the constant demand of buyers but anxious to live tenants close to their office.
Real estate in the Financial District
Nearly 15 years after 9/11, “Fidi” as it is called by the New-Yorkers finds full life. Many companies that have moved to Midtown after 9/11 are starting to come back little by little, attracted by delisted rentals.
Residential property also benefit from a keen interest because certainly less lively than others, nonetheless offers a thriving social life. Cafe, bars and restaurants are more and more numerous and access to Battery Park with the Statue of liberty is one of its best assets. Many office buildings have also been converted into condominiums. Some benefit from property taxes, interesting argument, including planning for a foreign investor.
With midtown west, it’s likely the area of Manhattan called for the most pronounced change.
Did You Know?
The statue of 3.2 tons representing a bull filed against the New York Stock Exchange without permission just after the stock market crash of 1987.
According to the artist who made it, its author, this statue symbolizes “strength, power and hope of the American people for the future.
Since then, she has been transferred to Bowling Green Park, near the New York Stock Exchange and was fully adopted by the Americans.
For an investment in the Fidi, it takes today:
-$550 k for a studio
-$1.5 minimum M for a 1 bedroom
-$3, 5 M for a 2 bedroom
Some examples of properties in the Financial District:
-Studio – $580 000
Beautiful studio of 41 m² with beautiful view of Lower Manhattan and the statue of liberty, to the 44th floor of a building in the Financial District.
This property may be envisaged as a base or a rental investment, rent is estimated at $3500.
Located in a standing building, many services are available. Gym, spa, concierge etc…
-1 Bedroom – $2 112 real estate in the New York Financial District
90 m² luxury apartment located on the 23th floor in the Financial District.
This property of exeption is composed of two parts; a room and a large lounge – dining room.
The building converted into a residence, also features many services such as the gym, billiards, a swimming pool, a spa, a Concierge etc…