This area is predicted to be NYC’s hottest neighborhood in 2023
It looks like Turtle Bay — yes, that Turtle Bay — will be the hottest neighborhood in New York City come 2023.
No, not trendy Williamsburg in Brooklyn — or even parts of downtown Manhattan where cool kids hang. Turtle Bay, which sits east of Lexington Avenue and between East 42nd and East 53rd streets — and is known as home to the United Nations and the Chrysler Building — had traditionally been considered stale and overlooked as a place to live. But now, it has a new future in store.
A new study by listings portal StreetEasy suggests that New Yorkers are now seeking out places within walking distance of their offices — in order to avoid a long commute, not to mention potentially scary subway rides.
Turtle Bay — itself a sub-neighborhood of Midtown East — has recently been popular among buyers and renters, with strong demand driving up the median asking price by 25% to $992,500 from the 2021 median, the study notes.