Carol Staab
Associate Broker
Douglas Elliman
111 Fifth Avenue
New York , NY 10003

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Financial District

The Financial District is known as FiDi and is New York’s business district. The Financial District is the section of Lower Manhattan roughly bounded by Chambers Street and the Brooklyn Bridge to the North and the West Side Highway to the west. The neighborhood is very busy during the day but quiet in the evenings and on weekends. Restaurants and stores, however, are increasingly opening late.

Luxury towers are predominant in the area, with amenities like gyms and roof top terraces. Many are former offices and banks, which means that most residences come with high ceilings. There is interest in living near the waterfront, so developers are building condos, such as 101 Wall Street. Prices tend to be less than in other downtown areas.

There is a growing number of concerts, film screenings and festivals – many of them for free – that are held at the South Street Seaport. The neighborhood’s restaurant scene is in transition, with additions like Nobu, the Spotted Pig and the Dead Rabbit bar on Water Street.

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