Neighborhoods: Garment District, Midtown West, Times Square (eastern edge)
Zip code 10018 covers the Garment District and surrounding Midtown West area. Historically the center of NYC's fashion manufacturing industry, the area is transitioning as manufacturing relocates and office and hotel uses expand.
Mid-rise commercial loft buildings, some converted to office/showroom, hotels, newer office towers, limited residential (growing through conversions), and ground-floor retail.
Primarily commercial property. Office rents below Midtown East averages but rising as the area evolves. Growing residential through conversion projects. Active hotel development market.
Special Garment Center District zoning (being modified). Active office-to-residential conversion potential. Proximity to Penn Station and Times Square. Evolving neighborhood identity.
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