Lower Manhattan's Expanding Dining Scene Taps The Young Professional Market | Downtown Alliance

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

September 2017
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