NoMad

By Kristina Misailova, Licensed Associate Real Estate Broker, Compass

Stylish and central, NoMad, north of Madison Square Park, has become one of Manhattan's most fashionable addresses.

The character

Once a commercial district, NoMad is now known for design hotels, notable restaurants, and a polished, of-the-moment feel, sitting neatly between Flatiron and Midtown.

Housing stock

Converted loft condos in historic buildings and sleek new luxury developments lead the market here, at the higher end. Co-ops are limited.

Getting around

The N, R, and W, the 6, and the F and M put the rest of the city within easy reach, with PATH access nearby.

Who it suits, and the tradeoffs

Best for buyers who want stylish, central, loft or new-condo living. The tradeoffs are a bustling setting and premium prices.