Formerly known as an all-commercial area, Midtown South is seeing a change of face. Particularly evident in a small neighborhood, just a few blocks in length, that could be called anything from Gramercy, to “NoMad”, to “Flatiron North”, as apartment buildings go up everywhere from East 22nd to Park Avenue.
From the New York Post:
Just one block wide and 10 blocks long, this zone is quickly evolving into a neighborhood of its own, with a number of other residential projects now selling or in the pipeline.
Industry sources attribute its growth to two main factors. First, builders discovered this untapped stretch as a convenient location between Midtown and Lower Manhattan, making it an attractive spot for buyers who work in either district.