Home to many of New York University’s facilities and student housing, the East Village is known for its vibrant nightlife, youthful energy, and artistic sensibility. But during the day, it exhibits more of a laid-back cool that’s just as suitable for studying as it is for business.
Commercial tenants can expect to pay an average of $60/sqft for East Village office space, compared to the citywide average of $72/sqft. What it lacks in public transit options it more than compensates for in real estate value and access to emerging talent from the likes of the Cooper Union for the Advancement of Science and Art College, as well as the aformention NYU.
The East Village also consists of many smaller, vibrant communities including Alphabet City, Loisaida, St. Mark’s Place, and the Bowery, each housing a reliable mix of cafes, galleries, bars, and hole-in-the wall eateries.
Its streets have a funny way of revealing something different with each passing visit. Maybe your business will be among the new ingredients the East Village cooks with.