The Most Wealthy Neighborhoods In New York City

Business Travel

Today we gathered the five most expensive neighborhoods in New York City where renting an apartment could cost a fortune. The good thing about these places is that they are super safe, they have everything you possibly need in your daily life within a mile distance, and they are lovely to walk through. They are basically located in Manhattan. Some of them are surrounded by massive skyscrapers, and some of them are more calm and peaceful. However, there is not a single place among them that doesn’t worth every single penny of the investment. Even if you don’t owe a residency there, it is great to visit and admire the buildings’ fantastic architecture and the well-preserved properties.

  1. Upper East Side and Carnegie Hill
    Carnegie Hill belongs to Manhattan Community District 8 and lays between 86th Street on the south and 98th Street on the north. The neighborhood took its name after the great philanthropist and industrialist Andrew Carnegie, who was also a sponsor of the Carnegie Institute of Technology at Pittsburg. It is also close to the Upper East Side, which is indeed a super-expensive place in NYC. Some of the most expensive boutiques and restaurants are here, and it is a pleasure to take a walk through the streets of this area. Most of the people who live there are white Americans, according to demographic data. For many people, Carnegie Hill – Upper East Side is considered to be one neighborhood since the borders are not clear.
  2. Soho, Tribeca, and little Italy
    Tribeca in lower Manhattan stands for “Triangle Below Canal Street ” and was initially written TriBeCa to underline the initials of its meaning. It is a part of Manhattan Community District 1, and every year it hosts the Tribeca Film Festival, as a response to the 11th September attacks. Soho or SoHo, which means South of Houston Street, is again in lower Manhattan. It is included in the SoHo–Cast Iron Historic District, which was listed on the National Register of Historic Places. Little Italy, on the other hand, also known as Piccola Italia, is bordered by Soho, Tribeca, Nolita, and ChinaTown. The place is full of Italians, and for what it is worth, even if you don’t have an apartment there, you get to have the best pizza.
  3. Turtle Bay and East Midtown
    Turtle Bay and East Midtown on its west are both quite luxurious. The famous Tudor city apartment is there, and they are part of Manhattan Community District 6 and 5, respectively. The highest retail rents are in Midtown Manhattan, leading to vacant storefronts. Turtle Bay carries a long history. It took its name in the 17th century and was a home to Englishmen by a Dutch colonial governor. Properties there are estimated to come at the cost of $220,000, leaving other fancy places far behind in the price competition.
  4. Lincoln Square
    In Manhattan Community District 7, you will find this paradise of pleasing aesthetics. Lincoln Square includes the square and the surrounding neighborhood, while it is also the home of the well-known studios for WABC-TV and ABC Television Center East studios. At night it is decorated with impressive lighting making the skyscrapers that stand close look like giants. The residency of Barbara Hillary, the first African-American woman to step a foot on the North and South Pole, was there. New York Institute of Technology is also there as well as Central Park. The park is a magnificent attraction for many tourists who get the chance to see squirrels and locals who go running.
  5. West Village
    This time Manhattan Community District 2 has its diamond. West Village is only a part of Greenwich Village, close to Hudson River and Houston Street. Last on our list, but again not quite affordable since prices for Residential property sales are about $2,100 per square foot. What we love about this place is that although it is once again in the center of New York City, it has a great historical character. The residential spread in the area started in the early 1980s, and this is how it took its own name. It was famous as a landmark on the map of American bohemian culture and was known as ”Little Bohemia” in 1916. Artistic and colorful in West Village, you can find the Gansevoort Market Historic District, Weehawken Street Historic District, and Greenwich Village Historic District Extension I.

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