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| neighborhood profile |
| SoHo |
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The Soho boutique
Catherine
Malandrino. (Photo credit: Stefan Studer.) |
The basics: Fabulous young couples, wealthy
singles, and ex-suburbanite empty-nesters long ago took over Soho
from the artists. As a result, just about every boutique on Madison
Avenue has opened a downtown satellite. Even Bloomingdale's is here.
Crowds can be overwhelming on the weekends, says resident Linda Erman.
"But during the week, it's still wonderful."
Boundaries: Roughly stretching
from Houston to Canal Streets, between the Hudson River and Lafayette
Street.
Borders: Greenwich
Village, Nolita, and Tribeca.
Subway stops: F, V to Broadway-Lafayette
Street; N, R to Prince Street; C, E to Spring Street. |
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 OUTLOOK
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What's new: There isn't much left to develop, but the area
has seen a few recent conversions. The six-story cast-iron building
at 419 Broome Street, near Crosby, houses three 4,400-square-foot
lofts. The townhouse condos at 175 Sullivan Street have working
fireplaces and terraces. And 388 West Broadway has five sweet full-floor
lofts with great understated bathrooms.
Bargain hunting: "Finding anything under $1 million
in Soho is a job," says Siim Hanja of Stribling & Associates.
The tenement-style buildings on Thompson and Sullivan Streets hold
modest studios and one-bedrooms. Also, look below Broome Street
and east of Broadway.
Prediction: Soho is premium turf now, the kind that holds
its value over the long term. But the past years have been rough,
especially in the $2 million-and-up range, and it'll take time for
that segment to recover. Consistent demand for lofts under $1 million
should keep that market strong.
— Profile from the March
10, 2003 cover story of New York Magazine
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| APARTMENT
PRICES |
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TO BUY |
2001 |
2003 |
| Studio/1BR |
$225K-$850K |
$200K-$1M |
| 2BR |
$1.16M-$1.75M |
$800K-$1.5M |
| Loft. |
$1.75M-$3M |
$1.5M-$3M |
| Townhouse |
$3M-$7M |
$2M-$3M |
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TO RENT |
2001 |
2003 |
| Studio/1BR |
$4,000-$5,000 |
$1,500-$4,000 |
| 2BR |
$5,500-$10,000 |
$4,000-$10,000 |
| Loft |
$12,000-$20,000 |
$6,000-$15,000 |
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NEIGHBORHOOD
BROKERS
• Tarter
Stats
• Citysites
• Jane Pollard
BEST CITYWIDE BROKER SITES
• Brown Harris Stevens
• Douglas Elliman
• Corcoran
• Halstead
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COMPARE THIS NEIGHBORHOOD...
How good are the schools? How many violent crimes have taken place lately? How many pothole complaints have been filed? The city of New York has put the data online. Pour over stats and pit one neighborhood against another. Just fill out your address in the "My Neighborhood" box and select the topic of interest — schools, transportation, public safety, and more.
•
NYC.gov
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RELATED
FEATURES
• Best
of New York: SoHo/NoHo/Little Italy
(Frequently updated)
• Real
Estate 2001: SoHo
(March 12, 2001)
THE SCENE
Dining
Balthazar:
Keith McNally's Paris bistro-inspired masterpiece.
80 Spring St. between Broadway and Crosby St.; 212-965-1414 or
balthazarny.com
Blue Ribbon:
A snappy dining staff handles the cacophony, and tremendously vibrant
raw seafood at a fair price.
97 Sullivan St. between Prince and Spring Sts.; 212-274-0404
Fiamma::
Multiregional modern Italian menu presented in an ultrasleek SoHo
triplex.
97 Sullivan St. between Prince and Spring Sts.; 212-274-0404 or
brguestrestaurants.com/
Peep:
Shiny Thai canteen that landed in Soho like a long, narrow spaceship.
177 Prince St between Thompson and Sullivan Sts..; 212-254-7337
Public:
Skylit spot shares what co-chef Peter Gordon calls his magpie approach
to food--a free-spirited fusion.
210 Elizabeth St. between Prince and Spring Sts.; 212-343-7011 or
public-nyc.com
More
Soho Restaurants
Nightlife
Ear Inn:
The first and last word in landmark Manhattan neighborhood
bars.
326 Spring St. between Greenwich and Washington Sts.; 212-226-9060
Fanelli's:
Serving cheap drinks and pub grub since long before SoHo became
SoHo.
94 Prince St. at Mercer St.; 212-226-9412
Submercer:
One of NYC's best hard-to-find bars.
Mercer Hotel, 99 Prince St. at Mercer St.; 212-966-5454
More Soho
Bars
Shopping
J. Lindeberg:
Former Diesel designer's wears may be too rock-and-roll for some,
but there are also plenty of staples with subtle, fashiony details.
126 Spring St. near Greene St.; 212-625-9403 or jlindeberg.com
Bliss:
The SoHo flagship of this ultrapopular day spa is famously hip.
568 Broadway at Prince St., second floor; 212-219-8970 or blissworld.com
Cynthia Rowley
: This store is full of whimsical, girlish fashion.
112 Wooster St. near Prince St.; 212-334-1144
D&G:
Supplies young downtown Euros with deliciously tighter, tartier, and
less expensive styles from Domenico Dolce and Stefano Gabbana.
434 W. Broadway near Spring St.; 212-965-8000 or dolcegabbana.it
Catherine Malandrino:
This sexy boutique is known to Sex and the City junkies as
the site of Carrie’s first awkward run-in with Mrs. Big.
468 Broome St. at Greene St.; 212-925-6765
Soho Boutiques
Department Stores
More Soho Stores
RECOMMENDED SITES
Weekly Crime Stats (in PDF
format)
Precinct
1, (Little Italy, Tribeca, and Lower Manhattan): 16 Erickson Place,
212-334-0611 (Adobe Acrobat PDF file)
The Arts
HERE: This theater earned 2001's Best
Cheap Performances honors in New York's Best of
New York issue.
145 Sixth Avenue betwen Spring and Broome Sts.; 212-647-0202 or
here.org/
New
Museum of Contemporary Art
583 Broadway beween Houston and Prince Sts.; 212-219-1222
Artist
Space
38 Greene Street, 3rd Fl.; 212-226-3970
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