The Real Deal New York

The East Village’s new wave

The once-gritty neighborhood is seeing more residential construction and new buyers and renters to go with it
By Melissa Dehncke-McGill | November 27, 2012 10:00AM

From the November issue: Goodbye grit. The East Village, once a haven for artists and squatters, still has more edge than most of Manhattan. But it’s a friendlier edge these days than it’s had in the past.

In this month’s Q&A, The Real Deal talked to brokers and market analysts about the boon in residential development in the neighborhood and about the changes in the makeup of buyers and renters calling the area home. (Think fewer recent college grads and more young families.) [more]