The Real Deal New York

Open house traffic hits wall in Financial District

September 26, 2008 12:21AM
By Marc Ferris


From the September issue:
While the Financial District’s hip new moniker, FiDi, is catching on, and the neighborhood is being re-branded as an around-the-clock destination, the transformation is far from complete. With Wall Street nose-diving and luxury rental buildings there offering more concessions to attract tenants, The Real Deal took a sweep through open houses at some of the most high-profile new buildings there to see how much pain the sales market in Lower Manhattan’s fastest-growing neighborhood is feeling.

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