NoHo, Manhattan
NoHo, short for "North of Houston Street" (as contrasted with SoHo), is a primarily residential neighborhood in Lower Manhattan, New York City. It is bounded by Mercer Street to the west, the Bowery to the east, 9th Street to the north, and Houston Street to the south.[1][2]
"NoHo" redirects here. For other uses, see NoHo (disambiguation).The New York City Landmarks Preservation Commission has declared most of the 125-building area a historic district, divided into the NoHo Historic District and the NoHo East Historic District, created in 2003.
Gentrification[edit]
In the 2000s and 2010s, NoHo and its southern neighbor, SoHo, has experienced rapid gentrification. Since NoHo is primarily made up of loft apartments, this in turn makes it one of the most expensive and desirable neighborhoods in Manhattan. Its small size and central location also contributes to a high demand, again keeping prices high.[1] In 2014, a one-bedroom loft could rent at an average monthly rate of US$4,000.[13]