Murray Hill, between its blocks of brownstones, variety of popular nightlife spots and historical landmarked buildings, has a much wider appeal than its common frat-boy-and- family-only reputation.
Adjacent to Kips Bay and Gramercy, the very safe Manhattan neighborhood is also close to the United Nations headquarters.
The nabe plays host to numerous cultural centers, ethnic food stores and 19 diplomatic missions, giving it an international feel.
One such institution popular in Murray Hill is the Scandinavia House, which is home to the American-Scandinavian Foundation and is popular among locals for its children’s exhibit and film showings.
“Murray Hill is called a hidden gem, but we don’t want to be hidden anymore,” says Kate Erickson, who handles Scandinavia House’s press and social media.
“Murray Hill is such a residential neighborhood…. So you really have to have something wonderful to pull people in,” she added.
Many cite high foot traffic as a help to local businesses, which in turn helps the relatively affordable Murray Hill real estate market prosper. According to Trulia.com, a real estate website, Murray Hill has a 19.3% lower median sales price than Manhattan’s overall average and an 18.55% lower than average price per square foot for homes, making it an increasingly popular neighborhood. Elise Ehrlich, a licensed real estate saleswoman for Halstead Property and two-decade long resident of Murray Hill, says her neighborhood is gaining in favor.
“We seem to be getting hotter,” says Ehrlich. “It’s always been residential, but Murray Hill is becoming much more popular.” She added that the area is favorable for its prevalence of different types of housing.
“It’s been a bit of a boom,” she says. “One bedrooms, two bedrooms, brownstones, high-rises… It has everything. It’s a great market to buy [into].”
Though Murray Hill is home to flagship branches of famed institutions like Wolfgang’s Steakhouse and JJ Hat Center, recently opened outlets of other New York stores such as Fairway Market in nearby Kips Bay and 16 Handles frozen yogurt have proved popular. Whether you’re looking for a new favorite haunt or a place to call home, consider Murray Hill.
“New York is always growing and people are exploring new neighborhoods, and Murray Hill is not exactly new,” says Erickson. “But recently [it] has organically grown into something different. “
Thursday, March 28, 2013