|Area||3,908,458 sq. ft.|
|Rental listings||24 no-fee, 13 fee ads|
The name is derived from "Down Under the Manhattan Bridge Overpass". DUMBO was not so long ago a thriving creative center for the "starving artist" types (no surprise there, as the area was quite consciously modeled after Manhattan's SoHo). Enticed by the giant live/work loft spaces, artists had flocked to the area from Manhattan and gentrified the formerly industrial neighborhood. In a rather familiar gentrification pattern, in recent years (the 21st century) the area became so popular that many of the artists were priced out. Today, many of DUMBO's apartments and condos have higher rents / price tags than those in Manhattan (whose views from Western-facing DUMBO windows are truly something to behold). With quaint streets of cobblestone and beautifully converted old-fashioned warehouses, DUMBO evokes somewhat of a colonial feel. Not all of the artists have (yet) been chased out, and the area still boasts art galleries, cafés. There is also a park in between the Manhattan and Brooklyn Bridges. The entire area is family-friendly.
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Housing is pricey, but some apartments here have amazing views. Most apartments are on the larger side; traditional "studios" exist almost exclusively in recently remodeled buildings. If price is no obstacle, the area's converted lofts are spacious and airy.