TriBeCa: BeCause There Is No Time Like Now
By Irina Faifman, Associate at Rakita Realty
For many, spring in New York comes with fresh ideas, walks in Central Park and many investments in refreshing iced drinks. The current local weather is 81 degrees and shorts are already being worn. This April, New York has an event to offer both locals and international visitors the pleasure of learning and exploring Tribeca for the Tribeca Film Festival going on from April 17-28. Tickets can be purchased online at the Tribeca Film Festival website. While there, film-lovers have the chance to explore one of New Yorkâ€™s finest areas: offering great diversity in charming lofts, renovated spaces, fine dining, local attractions and many independently owned boutiques. Forbes Magazine enlisted Tribeca as â€œone of the most expensive zip codes,â€ the luxury and urban air of Tribeca is what makes it such a hot location to cool down at during such weather.
Aamanns-Copenhagen, on a windswept corner of TriBeCa, is proudly emblazoned with foot-high letters announcing the presence of sild (herring) within.
With many art-exclusive and design based business, it is no wonder that Tribeca attractsÂ (and becomes home to) many celebrities who visit and live in New York. Surprisingly, it is Whole Foods Market that boasts many celebrities buying groceries when in the area.
Cameron Diaz at Whole Foods, Tribeca
Celebrities are not the only people who appreciate the comfort and ease of access to a nice, blooming neighborhood in Tribeca. An area known for its history and artistic diversity, many buildings are re-inventing themselves and many have completed construction already.
Hot on the real estate market is 93Worth: more than 70 percent of its units have already been sold, and are highly sought after. According to Streeteasy.com, the 18-story building, originally built in 1924, has put 60 of its 92 units into contract since it went on sale 2 1/2 months ago. The website boasts family-friendly units and media praise. This building is the epitome of luxury and comfort in a hot NYCÂ neighborhood.
â€œNortheast TriBeCa has been something of an overlooked area, especially when it comes to new development. You always think about that west-side stretch,â€ says Douglas Elliman broker Fredrik Eklund, who is selling the condos at 50 Lispenard St. â€œWhat weâ€™re seeing now is this frenzy of activity in the northeast part.â€
â€œWestern TriBeCa has proximity to the waterfront,â€ says Ryan Kaplan, executive vice president of development at Imperial Development Group, which, with Megalith Capital Group, plans to convert 6 Cortlandt Alley, also in the same eastern swath, into â€œaroundâ€ six condo units.
So whether it is the food, the celebrities, the art, or the Film Festival that lures the curious New Yorker or New York visitor to Tribeca, take advantage of the beautiful architecture and re-invention of home in chic, modern New York.
Sources : Dykstra, Katherine. Tri-Again. Eastern TriBeCa buildings get one more chance to soar. New York Post. 2013. Retrieved from http://www.nypost.com/p/news/business/realestate/residential/tri_again_xu
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