, Tue, September 11, 2018
Image courtesy of Michael Vadon’s Flickr
In 2010, Lower Manhattan was still deeply scarred by the attacks of 9-11. With much of the neighborhood under construction, a high vacancy rate, and few full-time residents, walking around the area, especially outside business hours, often felt like walking through a ghost town. It was, in many respects, a neighborhood in waiting.
Since 2011, which marked the opening of the 9/11 Memorial—and the symbolic end of the neighborhood’s long period of recovery from the 9/11 attacks—Lower Manhattan has undergone a transformation that is difficult to ignore. New businesses have opened, new residential developments have launched, the vacancy rate has drastically declined, and in many respects, an entirely new neighborhood has taken shape.
The dawn of a new Downtown
Images (L to R): The Lewis, The Parkline, House39 and Twenty Broad
- Midtown West’s The Lewis: Sleek, Stylish + Modern Rentals Leasing with Two Months Free [link]
- One Month Free at The Parkline in Prospect Lefferts Gardens; Studios from $1,995/Month [link]
- Midtown’s House39 Offers Luxury Residences with 1 Month Free; Generous Layouts + 360 Degree Views [link]
- No Fee Rentals Debut at Twenty Broad, Downtown Apartments from $2,465/month + Special Offers [link]
- Rentals with 1 Month Free Debut in Crown Heights at Newly-Built 409 Eastern Parkway [link]
- SOLARI at 42 West 33rd Street Offers Luxury Rentals in the Heart of Manhattan [link]
- Luxury Brooklyn Heights Rental, ‘The Pierrepont,’ to Debut Fall 2018 [link]
SEE MORE RENTAL NEWS AND OFFERS HERE
He’s been called the King of FiDi with over 2200 apartments under his management. The founder and principal of Metro Loft Management, Nathan Berman specializes in transforming landmark office buildings into luxury rentals. He recently acquired the leasehold for 20 Broad Street, the former New York Stock Exchange building, and plans to convert it to white-glove rental apartments. Other properties include 20 Exchange Place, a 1931 Art Deco office building that used to be the City Bank-Farmers Trust Building, and the former Munson Shipping Company headquarters at 67 Wall Street. Both buildings were converted into luxury rental apartments with condominium finishes and features.
Over the years, Berman has developed a profitable formula that’s yielded some of the most architecturally distinguished rental buildings in lower Manhattan. Ahead, Berman explains his focus on the rental market, as well as his first foray into the world of condos with the uber-luxe 443 Greenwich Street.
READ THE FULL INTERVIEW HERE…