Lower Manhattan’s Expanding Dining Scene Taps The Young Professional Market

09/15/2017
Lower Manhattan’s Expanding Dining Scene Taps The Young Professional Market
The Alliance for Downtown New York is pleased to release the 2017 update to Lower Manhattan’s Young Professionals; An Untapped Market. One year later, restaurants are flocking to feed the growing presence of young professionals living and working in Lower Manhattan.

 

Major Findings Include:

  • Dozens of new casual, full service neighborhood restaurants have opened or are coming soon.

  • There are more restaurants and nightlife spots open late or on the weekends.

  • Lower Manhattan’s millennial population is booming, with millennials (18-34) comprising 41% of Lower Manhattan’s residents.

  • 32 is the median age for Lower Manhattan’s residents, 5 years younger than Manhattan’s median age.

People are buzzing about Lower Manhattan’s new food scene:

"Lower Manhattan arguably has more marquee chefs now than Las Vegas." – FSR Magazine, Sept 2017

"Lower Manhattan continues to soar — attracting residents, big employers and the service industries to keep them well fed and entertained." – New York Post, 12.19.16

"Manhattan's FiDi Is This Year's Surprise, Hot Restaurant Scene" – Bloomberg Pursuits, 12.12.16

"Downtown dining is looking up! … a top destination for high-end restaurants and casual eateries alike." – amNY, 2.26.17