Lower East Side
Once the crowded home for working class immigrants in the 1800s and 1900s, the Lower East Side has recently been transformed into a destination for food, nightlife and action. Bounded by Houston Street, Bowery, the Manhattan Bridge and the East River, the Lower East Side covers a lot of ground. Since the subway stations are in the western portion of the neighborhood, depending on where you are in the LES, transportation can be lacking, so be prepared for a trek. The City has recently opened an East River ferry stop at Corlears Hook to connect the neighborhood’s eastern coast to the Financial District. The housing market is primarily comprised of tenement style walk-ups, many with railroad layouts. In the eastern portion of the neighborhood, along the FDR Drive near Grand Street, you will find several large co-op complexes that provide a relatively affordable option compared to the more expensive inventory further west. Since 2000, a number of new luxury condo and rental buildings have sprouted throughout the neighborhood, the most prominent being Essex Crossing, a new mixed-use complex of luxury condominium and rental buildings along Delancey Street.