City Living: Far West Village
The far West Village neighborhood offers quiet cobblestone streets, where youll find small neighborhood eateries and coffee shops neatly tucked away, charming townhouses, and a coveted waterfront.
These qualities make the nabes vacancy rate one of the lowest in the city, according to Citi Habitats real estate agent Rory Bolger, who lives and works there.
The rental market moves quickly here, he said. If you see something you like you better move quickly because chances are there are 10 other people who saw it and like it too.
Studio apartments in the area go for about $2,550 per month, one bedrooms cost around $3,350, and two and three-bedrooms are in the range of $4,500 to $7,000
Bolger said sometimes listings dont hit the market because theyre gone just through word of mouth.
Its one of the few neighborhoods in the city where people feel comfortable living in a walkup, he added, noting that in the sales and rental markets there is a tremendous amount of inventory in walkups.
But the far West Village also has its share of grand luxury buildings equipped with elevators and doormen. Many of these can be found along the Hudson River waterfront and include 1 Morton Square and the Richard Meier Perry Street Towers at 173 and 176 Perry St.
The Hudson River Parks Piers 40, 45 and 51 are popular gathering spaces for families, dog walkers and couples.
Head back into the neighborhood and find small streets and retail corridors like Gansevoort Street which has shops including Rebecca Taylor, and Theory. Washington Street boasts Nicholas Kirkwood, Christian Louboutin Mens, and French fragrance company Kilian.
The neighborhood is part of the larger Greenwich Village, which is well-known for its literary, artistic and activist history, particularly from the gay rights movement.
Community Board 2 Chairman David Gruber has lived in the area for a long time and witnessed its major changes.
Ive seen it morph into a real residential community, he said. A lot of manufacturing and commercial leases in the far West Village have been converted to residential and many buildings have been repurposed. The area attracts heavy tourist traffic - about 3 million annually, Gruber said.
One drawback: Theres an enormous nighttime crowd so theres definitely a noise issue on some streets, he said. He noted that the community board tries to stem the tide of restaurants that come in and want liquor licenses.
While we approve many, we have to put a cap on it or else, he said. We need to balance the residential needs and accommodate the enormous influx at the same time.
Gruber noted that there is a large demand for high rises, but community activists have successfully fought to landmark old buildings.
The neighborhood has a wonderful kind of charming low density and we fight constantly to keep it that way, he said.
The Church of Saint Luke in the Fields at 487 Hudson Street plans to build a 15-story, 153-foot residential tower at what is currently a parking lot at 100 Barrow Street. More »