Tribeca Neighborhood Review - Manhattan Moving Guide 2024
In the last twenty years, Tribeca has been steadily rising as a popular neighborhood and is now officially considered the hottest area in the city.
This Tribeca neighborhood review will examine public transportation, restaurants, average apartment rent, and sale prices.
As safety steadily increased in lower Manhattan in the 90s, people discovered beautifully converted loft warehouses in Tribeca (which stands for Triangle Below Canal Street) and historic rowhouses.
Spacious open floor plan, reminiscent of those in Soho, but quieter, cheaper, and not inundated with retail and foot traffic were top alluring factors.
Today, Tribeca is where you can rub shoulders with upper-middle-class folks, the rich, and celebrities.
It is considered a neighborhood with a lovely industrial-meets-classic feel, a family-friendly area with gorgeous green spaces, and home to many of the trendiest restaurants, unique boutiques, art galleries, and gourmet coffee shops.
Put further on the map by the Tribeca Film Festival, the neighborhood exponentially appeared in the 2000s.
Shouldered by the West Village, Chinatown, and the Financial District, you can quickly access unique areas from Tribeca.
Fun Fact: To restore the spirit and economy of New York City following the September 11 attacks, Robert De Niro, Jane Rosenthal, and Craig Hatkoff founded the Tribeca Film Festival, which has brought in over half a billion of economic activity to city residents.
Real Estate in Tribeca
Tribeca is a victim of its popularity and success, with rental prices sky-high (let alone condo units).
The real estate market in Tribeca is one of the most desirable and expensive in New York City.
With its central location close to many high-end restaurants and shops, Tribeca offers residents a unique experience that can't be found anywhere else.
There are countless luxury apartments for sale and rent throughout the neighborhood, from historic lofts built during the 19th century to modern luxury condominiums with breathtaking views of New York's Financial District and harbor.
This neighborhood often boasts first place for the most expensive housing in the city. Known for its gorgeous loft and warehouse conversions, these sprawling apartments will fetch a pretty penny.
Several housing options are available in Tribeca: studios to single-family homes, townhouses to duplexes.
Tribeca is also home to various luxury condos that offer top-of-the-line amenities such as 24/7 concierge services, swimming pools, private theater rooms, spa facilities, private garages, or storage spaces.
In addition to these features, many newer construction buildings come equipped with state-of-the-art kitchens featuring top appliances like Viking ovens or Sub zero refrigerators; flooring made from stone or hardwood; custom lighting fixtures; smart home technology; soundproofing insulation; wine cellars; outdoor decks with firepits; pet spas; yoga studios; saunas; steam baths; massage rooms, etc.
However, the converted loft buildings tend to have much more spacious apartments, higher ceilings, and beautiful open floor plans in Tribeca's diverse real estate market.
Average Rental Prices in Tribeca | |
|---|---|
| Studio | $5,500 |
| 1 Bed | $6,950 |
| 2 Beds | $11,995 |
| 3 Beds | $17,500 |
| 4 Beds | $28,000 |
Average Sales Prices in Tribeca | |
|---|---|
| Studio | $1,485,000 |
| 1 Bed | $1,425,000 |
| 2 Beds | $3,150,000 |
| 3 Beds | $5,195,000 |
| 4 Beds | $9,995,000 |
Public Transportation
Tribeca offers convenience in public transportation, with access to 9 trains predominantly served by the A/C/E and 1/2/3 lines.
There are few dedicated bike lanes in the vicinity, but a beautiful continuous greenway along the Hudson makes a fast and lovely ride on the west side.
That being said, Tribeca is a small area, and you won't have to walk long before you run into some transportation.
Subway lines in neighborhood
- 1 2 3
IRT Broadway–Seventh Avenue Line
- A C E
IND Eighth Avenue Line
| Buses | M20, M21, M55 |
|---|
Bikes & Bike Safety
CitiBike is a worthwhile and convenient option for many Tribeca residents.
Docks can be found in these three locations:
- Hudson St & Reade St
- Leonard St & Church St
- Barclay St & Church St
Restaurants & Dining
Great restaurants are not hard to find in Tribeca.
The number of choices may be overwhelming as Tribeca does not do mediocre.
However, there are a few tremendous solid mainstays that residents in the neighborhood return to regularly--
The Odeon (American), Bubby's (Southern), Takahashi (Sushi), Gunbae (Korean BBQ and karaoke), Tamarind (Indian), and Locanda Verde (Italian).
Tribeca also offers a variety of choices in coffee shops outside the usual Starbucks.
You'll also be amazed by the area's different types of watering holes, ranging from sleek modern cocktail bars like The Brandy Library to the solid Weather Up.
A heavenly Asian bakery that will satisfy your sweet tooth is Takahashi Bakery. You will never have a dessert like this outside of NYC unless you visit Asia. The matcha crepe is a local favorite!
But really, the list goes on, as these are just a tiny sampling of what Tribeca has to offer.
Attractions & Nightlife
The Poster Museum has an impressive collection of thousands of vintage posters and prints worldwide. Genres include USA WWI, Andy Warhol, Women and War, and Tour de France.
Pier 25 draws adults and children, tourists and locals year-round. It has plenty of outdoor activities like an 18-hole miniature golf course, sand volleyball courts, a skate park, snack bars, a children's playground, a town dock, and boat moorings. It is Hudson River Park's longest pier.
Suppose you want a unique, one-of-a-kind cocktail. In that case, Tribeca is your place. Specifically, Macao Trading Co. Enjoy the extensive drink menu in the swanky downstairs basement where a DJ is usually spinning, or keep things low-key on the upper level - you've got options here.
Public & Charter Schools
Tribeca has very few public schools specifically zoned and contained within its parameters.
It is a small area, but many excellent schools are within its geographical district 2.
District 2 covers several neighborhoods and offers many options for some of the best public and charter schools in Manhattan, including the city's best middle and high schools.
There are even several unzoned elementary schools in the district, making the neighborhood an excellent place of residence if you want great public school choices.
That being said, the two elementary school options within Tribeca borders are considered great schools.
| Schools | Notes |
|---|---|
| P.S. 89 Liberty School | Public, Grades PK-5, 347 students |
| P.S. 234 Independence School | Public • Grades K-5 728 students • 16 student/teacher |
| Stuyvesant High School | Public, Grades 9-12, 3321 students, High achievement specialized science high school |
| German School Manhattan | Private, Grades Preschool-5, 65 Students, Bilingual immersion school |
| Portfolio School | Private/Co-op, Grades K-5, |
How Safe is the Tribeca Neighborhood?
Tribeca is home to some of the best law enforcement teams in the country.
The 1st Police Precinct serves as the primary police station for Tribeca, which provides round-the-clock patrols and monitoring of the area.
Additionally, the New York Police Department (NYPD) has an auxiliary force stationed in Tribeca that provides extra surveillance for residents and visitors alike.
Regarding crime statistics, it’s clear that Tribeca is a fairly safe place to live or visit. There have been significantly fewer incidents reported in the neighborhood than in other parts of Manhattan.
Although there were some reports of theft and robbery, rates are still significantly lower than they were several years ago. This indicates that safety standards are well maintained in this area.
Crime statistics
Tribeca also benefits from its location near several parks and green spaces throughout the neighborhood.
These areas are often patrolled by local police officers who help maintain a peaceful atmosphere while allowing people to enjoy peace outdoors on their terms.
Overall, Tribeca is regarded as one of New York City's safest neighborhoods -- with low crime rates and plenty of measures taken by law enforcement to ensure a safe environment for residents and visitors alike.
While it may be wise to take caution when walking alone at night or entering unfamiliar areas like alleyways or side streets, living in the Tribeca Neighborhood can provide a feeling of security and peace that you won't find anywhere else in Manhattan.
