Neigborhoods

Tribeca

TriBeCa is a neighborhood in lower Manhattan, New York in the United States. The name is a syllabic abbreviation of "Triangle Below Canal Street." It runs roughly from Canal Street south to Park Place (or Vesey Street), and from the Hudson River east to Broadway.[1] TriBeCa, once an industrial district dominated by warehouses, has undergone a major revitalization. Warehouses were converted into loft apartments and new businesses emerged, making it into a mixed zoning neighborhood.

After the September 11, 2001 terrorist attacks, TriBeCa suffered financially. However, government grants and incentives provided an infusion of capital and the area rebounded.[citation needed] Amidst the recent real estate boom, TriBeCa housing prices outpaced even those of the highly popular Manhattan market as a whole. Tribeca has become one of the most trendy residential neighborhoods in the city. Forbes magazine ranked the 10013 zip code in TriBeCa as the 12th most expensive zip code in the United States in 2006.

The neighborhood is also home to the Tribeca Film Festival, founded to celebrate New York City as a major filmmaking center and to contribute to the long-term recovery of lower Manhattan. The mission of the film festival is "to enable the international film community and the general public to experience the power of film by redefining the film festival experience." The neighborhood is a frequent filming location for movies. More...