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« Fun in the Water in NYC | Main | Last Stop on the Line »

Dowtown’s the Place to Be

By Nadine | August 24, 2008

This is from The Sun on Aug 7, 2007: First Time Renters are leaving Uptown in Droves by Candaces Taylor

I’ve extracted the best parts for you but you can read the full story by clicking here. And of course, RDNY.com has listings for all the buildings mentioned in the article.

 Move over, Normandie Court. The new go-to building for recent college graduates is in the financial district, at the three-year-old luxury rental tower at 2 Gold St.

“It used to be that on the Upper East Side you could get the largest spaces for the best price,” . . . “But now we’re seeing a lot of people coming towards the financial district. You can get the same space with all the amenities, and everything’s new.”

The median rent for an apartment on the Upper East Side is $3,600, compared to $3,495 in the financial district . . .

The median rent for an apartment on the Upper East Side is $3,600, compared to $3,495 in the financial district

the Upper East Side showed the highest vacancy rate in Manhattan at 1.45%, compared to 1.31% for the financial district and 1.21% for Manhattan overall.