Updated 7th October, 2014 from Archive 2010

The City of New York is home to a number of CBD’s or Central Business Districts, each providing unique business opportunities and incentives.

Midtown Manhattan

Midtown Manhattan is located in the central portion of the city of Manhattan. It is home to some of the most important business centers in the world, including the Empire State Building and Chrysler Building. The majority of NYC’s skyscrapers and business buildings are located in Midtown Manhattan. Other popular areas in Midtown Manhattan include Times Square, Fifth Avenue and Broadway. The United Nations Headquarters and Rockefeller Center are also located in Midtown Manhattan.

Lower Manhattan

Lower Manhattan is home to the “Financial District” of NYC. Lower Manhattan is also known as the “financial capital” of the world. Anyone who is an investment banker in NYC likely works in Lower Manhattan. The Twin Trade Towers are located in Lower Manhattan, and the 9/11 memorial is now located there. Wall Street is another popular street located in Lower Manhattan. It is common to see busy investment bankers walking around the New York Stock Exchange during the day.

Surrounding Lower Manhattan, one can find areas like Greenwich Village, Little Italy, Chinatown, TriBeCa, West Village, the Meatpacking District and East Village. Beautiful, gated residential communities can also be found near the Financial District. These developments include Gramercy Park and Peter Cooper Village.

Brooklyn is the most highly populated of all of New York City’s boroughs along with being the second largest. In recent years the face of Brooklyn has changed from that of a hard-working blue collar employee, to a white collar professional. Thanks to some of the business initiatives started by New York City, the entire area has become a haven for technology start-ups. But Brooklyn is a borough that has added little something extra to its economic success and that has helped it to grow faster than many of the other boroughs.

See our article on New York Central Business Districts (CBD’s)

Due to economic growth throughout NYC in many industry sectors, a number of new CBD’s or Central Business Districts have emerged.

Lower Manhattan
Lower Manhattan has been transformed by extensive investment and development into a thriving 24/7 neighborhood and is a prime location for businesses looking for inexpensive commercial space.

Harlem
Harlem’s diverse cultural heritage is creating excellent opportunities for cultural and economic growth.

Long Island City
Long Island City’s close proximity to midtown and a wide array of affordable and spacious leasing options makes it an ideal location for business.