Greenwich Village is iconic NYC. Pick any movie or TV show that takes place in Manhattan and you will find some reference to the Village. It is one of the oldest neighborhoods in the city, with named streets and historic architecture that more closely resembles London than Midtown.
Later on, the Village became a haven for artists and bohemians. Even though most of them are long gone, the Village’s carefree reputation remains. Today, Greenwich Village is perfect for those who want to live where they play.
Greenwich Village is located south of 14th Street; north of Houston Street; east of the Hudson River; and west of Broadway. From there, the Village is broken down into two neighborhoods. A third neighborhood, which was originally considered part of the Lower East Side and not associated with the Village, lies to the East of Broadway (also between 14th and Houston Streets) and to the west of the East River.
Don’t ask for directions when you are in the West Village, which lies west of 7th Avenue. Its winding streets, hidden alleyways, and secret courtyards can confuse even native New Yorkers. No matter how confusing, those quirks eventually become part of its charm, along with low-rise buildings and historic cobblestones that could make Europe jealous. And thanks to its relatively remote location, the West Village is one of the most quiet and private locations in NYC.
New construction in the West Village is rare due to landmarks and historic districts. Expect to pay a premium for new listings, while even re-sales trade at a higher price per square foot than other neighborhoods. When you choose the West Village, you are choosing the location above all else – and it would be hard to blame you.
Greenwich Village proper is found to the east of 7th Avenue and west of Broadway, roughly centered around New York University and Washington Square Park. The Village has something for everyone, from world-class wealth along Fifth Avenue to the most affordable of starter apartments on Thompson and Sullivan Streets. In addition to NYU, the Village is also home to the New School, another elite, private research university. Progressive and artistic minds have been drawn to these campuses for nearly two centuries, leaving a lasting impression on the neighborhood’s character.
Expect to pay less per square foot in the Village compared to the West Village, although homes in the Village proper are usually larger. Average home prices in Greenwich Village are higher than in the West Village because of the differences in size. New construction is also more common in the Village proper, but still heavily restricted.
East of Broadway, stretching all the way to the East River, is known as the East Village. Its low-rise buildings, endless nightlife, and Tompkin’s Square Park (the eastern counterpart to Washington Square Park) invoke a similar feeling to the Village proper, but with a more grungy and raw character. The stark contrast between its modest roots and modern New York draws many to the neighborhood. Don’t be surprised to find $2 fried hot dogs next to a bar with $20 cocktails.
The East Village is more affordable than Greenwich Village – and most of downtown Manhattan – by every measure. New construction is more common as well. The neighborhood is an excellent compromise between price and location.