Flatiron / Union Square
Flatiron is, perhaps, the most convenient neighborhood in Manhattan. Located between Union Square, Koreatown, 6th Avenue and Park Avenue, and close to many public transportation options, you can pretty much get anywhere in 20 minutes or less. The neighborhoods have two amazing parks – Union Square and Madison Square Park.
Union Square is, in many respects, Lower Manhattan’s beating heart. It is constantly alive, awake and crowded with a diverse cross section of people that embody what you expect of Downtown Manhattan.
Madison Square Park, Union Square’s older, quieter, more polished sibling, is home to the first Shake Shack, interesting art installations, manicured lawns, and food festivals. There are numerous dining options from casual to fine dining, including some perennial favorites like Gramercy Tavern, Union Square Café and Eleven Madison Park.
The residential market in these neighborhoods has historically been dominated by gorgeous prewar manufacturing buildings that have been converted to loft apartments. In recent years, however, developers have added a tremendous amount of new and very expensive condo inventory to the neighborhood, including a high rises.
The Union Square/Flatiron area is also becoming an increasingly popular office destination for TAMI tenants. During the late 90s dot com bubble, Flatiron was referred to as Silicon Alley. While the name hasn’t really stuck, the neighborhood continues to attract a lot of technology companies, making it busier during weekdays and making finding a home here more challenging.
The Flatiron District is named after the Flatiron Building, built in 1902 (and briefly the tallest building in the world); however, the neighborhood was not designated as such until the 1980s as it became more residential. Flatiron used to be home to many toy and clothing manufacturers and was previously known to many as the Toy District.
What We Love
The Flatiron Building, Eataly, Breads Bakery, Union Square Farmer’s Market