Location, Location, Location

Location, location, location.

Why bother living downtown? As my first Real Estate broker assured me, if you really like a neighborhood that you don’t live in, you can always take a $10 cab ride and you’ll be there in five minutes. Right?

Wrong.

The truth is that if you live in the Upper East Side, you live on the Upper East Side. After a long day at work, you’re not going to hop into a cab, navigate traffic, and go to the local bistro at the corner of Thompson and Grand. Shopping, dining, and bar hopping will, more often than not, happen within ten blocks of where you live. To think otherwise is naïve. And for a lot of folks, that’s just great. But there’s a reason why people pay big premiums to live downtown.

Case in point: I live in the northwestern SoHo. It isn’t cheap, but it’s s-o-o-o-o-o-o worth it. Steps away from Raoul’s,  Mercer Kitchen, Blue Ribbon, Lure Fish Bar, and Aqua Grill. Bars? How about Pravda, Merc Bar, Café Noir, Macao and 60 Thom, to name just a few. Shopping? Like Fifth Avenue, but cooler.

And what about the living space? No cookie cutter floor plans here. No way. You get genuine authentic cast iron buildings pre-dating 1900: Open floor space, high ceilings, and rarely more than six stories. I live in a loft built in 1850. It has 20-foot ceilings, a 14-foot window, and walls so thick that I never hear my neighbors. Try finding that uptown.

My advice? Pay the premium and be a downtowner. It’s worth it.

image courtesy adamina

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