A former manufacturing hub for much of the late 19 th and 20 th centuries, the neighborhood went through a transformation in the 1970s as artists began moving in. Tribeca, which stands for Triangle Below Canal Street, is one of New York’s most desirable neighborhoods known for its many spacious, converted industrial lofts, luxurious boutiques, and trendy restaurants. The neighborhood’s unique industrial character combined with its tranquil residential feel and central location have made Tribeca one of the city’s most desirable neighborhoods.
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