More and more, Midtown attracts families

Pushed out of more traditionally family-friendly Manhattan neighborhoods, transplants enjoy ditching their commute

Midtown
Midtown

WEEKENDEDITION Maligned by some New Yorkers, Midtown Manhattan – with its flocks of tourists and cold office exteriors – is becoming an option for families.

As more New Yorkers choose to live where they work, Midtown is increasingly on families’ radars when shopping for a home.

“More parents are bringing their children so that they don’t have to commute and they can actually pop in and see their kids during the day,” Carole Bloom, a vice president at Manhattan Skyline, a landlord and developer, told the New York Daily News. “There are always kids sitting on the stairs with their nannies at lunch waiting for their parents coming home from work.”

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And compared to more traditionally family-friendly Manhattan neighborhoods, Midtown is a relative bargain.

The median price for a two-bedroom co-op in Midtown was $1.1 million in the first quarter of the year — up from $988,000 in the same quarter last year. The median price of a condo was $1.66 million — up from $1.4 million in 2013, according to Pete Culliney of CityRealty.

Now compare that to the median price for a two-bedroom condo downtown: $2.28 million. [NYDN]Christopher Cameron