City Living
Nolita
Several lifetimes ago, Little Italy was a thriving pocket of
immigrants from a certain Southern European country stretching into
the Mediterranean. Over time, most of them left, and the residents of
Chinatown filled much of the void.
The sliver of land below East Houston Street between SoHo and the
Lower East Side, North of Little Italy, or "NoLita," has retained a
lot of old-world charm thanks to an abundance of rent-stabilized and
rent-controlled former tenements -- but it is changing, slowly.
Steve Tarter, president of Tarter/Stats Realty, said the neighborhood
has stayed remarkably stable in the 25 years he's been there.
"The only real difference is the stores. They've gone through an
amazing transformation -- from small mom-and-pop service stores to very
cutting-edge, young designer stores," he said. "The nickname for here
is the accessories district."
The crowd moving in tends to reflect those sensibilities, and like
nearby SoHo, it draws a fair share of models and actors.
Angelo Diaz, an independent broker, said the renovated century-old
buildings in the area provide a plethora of studios in the $1,800 to
$2,000 range and a smidgen of one-bedrooms for $2,300 and two-bedrooms
for $2,700 a month.
"The people I rent to are younger people -- people who like an 'in'
neighborhood. It has French bistros, cafés and a lot of vibrant life
where you can meet people," he said.
For newer offerings, look to the east.
"The single biggest change is the development of the Bowery, from
flophouses to incredibly cutting-edge, quality residential buildings,"
Tarter said. "It's the coolest street in the city, and it's continuing
to evolve."
Find it
NoLita is bounded on the north by East Houston Street, on the east by
the Bowery, on the south roughly by Broome Street, and on the west by
Lafayette Street.
The Buzz
As in virtually every part of Manhattan, the talk is of real estate
and the escalating cost of calling NoLita home.
Most new development in NoLita is taking place over on the Bowery, but
keep an eye on the southeast corner of Mulberry and East Houston
streets. The now-empty deli across from the Puck Building will soon be
leveled, and from that space and the empty lot behind it will spring
an 11-story residential building.
Ground-breaking for the building, which will house nine luxury
condominiums (including a two-story penthouse), is scheduled to begin
this summer. It is being built by Cardinal Investments and designed by
ShoP Architects, known for the zinc and glass Porter House in the
Meatpacking District.
To see
St. Patrick's Old Cathedral
The oldest Roman Catholic church in New York is, as its name implies,
the predecessor to the more famous cathedral uptown. The cathedral,
which was finished in 1815 and was the seat of the Roman Catholic
church until 1879, was designed by Joseph Francois Mangin, who also
worked on City Hall. The grounds of the church are surrounded by an
18th-century cemetery, and the basement of the church is a labyrinth
of mortuary vaults. It's as big a symbol of Old World New York as they
come.
263 Mulberry St.
212-226-8075
Copyright © 2008, AM New York
New York Real Estate
With its shady streets and elegant two-story Victorians, Midwood is an hidden suburban outpost.
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