Tribeca is a melting pot, you have the old construction of mixed use, key elevator buildings on Hudson, Broadway to the new develeopment on Leonard, W.Broadway, Franklin etc...not to mention the area is small compared to other locations throughout the city. All of this will drive the price up, especially the high demand and low inventory. It's a cool place, I have friends back in the day that rented the loft, floor to ceiling windows, 18' celings, they're special. Most savy people are aware of this and want the space, not to mention it has that gritty feel to it, cobble stone streets next to high end retail and restaurants. Only in the city can you find such a mix bag. Best of luck, I"m here if you need assistance.
Licensed Real Estate Salesperson