Pros and Cons of Living in the Financial District
The Financial District has been wrongly associated with a dull, corporate lifestyle, gray, depressing buildings, and a fast-paced, stressful lifestyle. Maybe that’s the reason why the majority of people who are moving to New York seem to ignore the possibility of finding a condo for rent in the Financial District or even a house for sale in the area. AA Real Estate firm in Midtown Manhattan is there to assure you that this New York neighborhood has a lot of advantages, a variety of realty options being one of them.
Allow this experienced real estate agents close to you to assist you every step of the way. Firstly, this team will share all of the advantages as well as a few disadvantages that living in the Financial District may bring. Then, you can contact us by calling the number +1 212-444-8708 and see which properties for rent or sale in NYC AA Real Estate offers. Lastly, you’ll be scheduled showings according to your free time, and these friendly realtors will support you and make the entire process easier, paperwork included.
Now, let’s see why you’ll love living in the Financial District, and which characteristics could be deal-breakers.
Life in the Financial District – Pros
Here are some of the most important advantages that can support your decision to move to this neighborhood and to look for the Financial District properties for sale.
1. Impressive Architecture
It’s not strange why this New York neighborhood is one of the main tourist attractions. Other than being home to the Federal Reserve Bank of New York, the New York Stock Exchange, the One World Trade Center, etc. the Financial District leaves everyone speechless with its incredible architecture. Numerous worldwide famous architects’ works make this NYC area so impressive and are a part of the iconic skyline. Everywhere you look, you’ll be left speechless because every corner of the Financial District leaves the impression of power and artistic freedom that both visitors and locals adore. If you’re lucky enough to afford a New York penthouse for sale, you’ll enjoy your rooftop view of the skyline, which is one of the most beautiful characteristics of the Big Apple.
2. Beautiful Nature (Parks, Waterfronts, Green Areas…)
Other than offering an array of incredible skyscrapers, this area doesn’t disappoint when it comes to nature and green spaces either. Thinking that the Financial District is a sad, gray, and depressing area of New York is wrong. As a matter of fact, this neighborhood offers a variety of choices for a fun day in nature thanks to its vicinity to the East River. Residents surely appreciate beautiful waterfronts that are an ideal place for evening strolls, jogging, or enjoying a cup of coffee while admiring the sunset. Also, there are numerous parks that are perfect for taking your pet for a walk or simply having fun outdoors with your friends and family. The best thing to do is look for an apartment for rent near the Financial District parks, and have a beautiful view on the relaxing greenery every second of the day.
3. Great Shopping Options
It’s true that luxury label lovers will find themselves in heaven if living in the Financial District, and Broad Street is the proof of that. However, you will still be able to enjoy the all-day shopping experience that won’t break the bank, Brookfield Place and the Fulton Center are there to enable it. Being the center of fashion, New York has unlimited shopping opportunities, and a lot of them are located in this neighborhood.
4. Excellent Transportation
Probably one of the best things about the Financial District is excellent access to public transportation. This will make your commute to other parts of New York so fast and efficient. That’s why a lot of young professionals who work in another part of Manhattan prefer renting an apartment in the Financial District since this area is so well connected to the entire city. You’ll also be able to catch a cab much more effortlessly compared to the other neighborhoods in the city. If you prefer hiring a privately chauffeured car service near you, don’t forget that NY City Limo offers the best rates and most elegant fleet to accommodate your transportation needs.
5. AA Real Estate NYC Agents Near You
When moving to another city, neighborhood, or even a nearby street, having a reliable real estate firm close to you to assist you during a property search can be of significant benefit. Allow AA Real Estate New York’s team of fantastic realty agents to be there for you and offer a plethora of really awesome apartments, townhouses, penthouses, condos, studios, and any other type of housing that will be suitable for your lifestyle, budget, and preferences. On the AA Real Estate website, you’ll find the listings as well as details about each property on offer. Give us a call and tell us all about your needs and wishes. The best real estate agents in NYC will surely find your dream home, whether in the Financial District, Astoria, Williamsburg, or any other borough and neighborhood in the Capital of the world.
6. Fantastic Museums and Historic Sites
This area of the city has been known for its historical significance. That’s why the Financial District is never boring for anyone who wants to learn more about the history of the USA. Other than the important buildings and attractions such as the Trinity Church and the Battery Maritime Building, you’ll get to explore the amazing museums (the Museum of American Finance, The Fraunces Tavern, etc.).
7. It’s Calm During Weekends and in the Evenings
Even though during the day this area is bursting with people of all ages and professions, as soon as the working hours are over, the Financial District becomes a calm, quiet, and peaceful place. This makes it an ideal neighborhood for families with children that prefer calm nightlife without crowded streets. Of course, some bars and restaurants still work even during the evening. However, they are rarely crowded and loud, which is a nice feature for those who prefer a laid-back and quiet atmosphere.
8. It’s Very Safe
Consequently, this area of New York City is also very safe and offers peace of mind to its residents. That’s why the AA Real Estate office in New York City often suggests buying an apartment in the Financial District to the families that contact us in search of a peaceful and safe place for living in New York. You won’t have to worry about your kids going to school by themselves, or about your teenagers going out during the night for a walk. They will be safe and sound even though this neighborhood is a part of one of the world’s most popular cities.
Life in the Financial District – Cons
Every neighborhood has its disadvantages that may not be acceptable for some people, the Financial District is no exception. Here’s what you should know before finally deciding whether or not this area is the right choice for your lifestyle.
1. The Real Estate Can Be Pricey
The main drawback of this area is the fact that the Financial District real estate for sale and rent can be considered pricey. Of course, there’s always a possibility to stumble upon an affordable NYC condo for rent in the vicinity, and the nearest real estate company is there to assist you with that. However, generally, the money capital is pricier than the majority of the Big Apple. Buying a property there is an investment that’s worth it considering all of the qualities that the Financial District has. Still, it’s understandable that not everyone can afford it.
2. Lack of Club and Bar Options
Students and young professionals who still aren’t ready to settle and give up everyday parties may find this part of the city a bit underwhelming and boring to live in. However, some neighborhoods near the Financial District have a lot of options for clubbing and night outs, and some of them are only a walking distance away. Having said that, for some people, that may not be enough, and that’s why they’re better off with renting a condo near Central Park, Upper East Side, or any other area that’s more active and fast-paced during the night.
3. The Majority of Shops Closes Early
Similarly to bars, almost all shops close very early. The convenience of having something at your disposal for 24h can rarely be found in the Financial District. That’s why the students that usually prefer being more active during the evenings or nights may find this neighborhood inconvenient for their lifestyle.