The Lower East side is still the definition of downtown cool, but don’t let the hipsters and the late night dives fool you: if you’re looking for office space, the Lower East is open for business.
New York City’s “melting pot” population, inlcuding Puerto Rican, Dominican, Japanese, and Bangladeshi peoples, have all had a hand in shaping the Lower East Side throughout the years. The neighborhood was also once a large Jewish enclave, making it a site for a numer of historic synagogues. The astonishingly-beautiful Angel Orensanz Center, which is hailed as the oldest surviving synagogue building in New York City, is among them.
The ABC No Rio social center, which offers contemporary art and weekly live-music performances, is also a neighorbhood staple. And you can take our word for it when we say there is no better lunch stop in the Lower East Side than the wildly popular Katz’s Delicatessen, home of New York City’s best pastrami sandwiches and hotdogs.
When it comes to Lower East side office space, the market is favorable relative to the citywide norms. For an average rent of $55/sqft, you will have the pleasure of calling companies such as crowdfunding platform Kickstarter your neighbor and commuting to one of the hippest parts of the city.