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Study: Young Professionals Flocking To Lower Manhattan

Lower Manhattan - New York, NY - Aug 19, 2011 (credit: DON EMMERT/AFP/Getty Images)

Lower Manhattan – New York, NY – Aug 19, 2011 (credit: DON EMMERT/AFP/Getty Images)

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NEW YORK (CBSNewYork) — A new study has showed that young professionals have been drawn to Lower Manhattan like a magnet – in a very positive change after the area suffered from job losses following the Sept. 11, 2001, attacks.

As WCBS 880’s Sophia Hall reports, the New York Times reported that between 2000 and 2010, the population within two miles of City Hall jumped by almost 40,000, according to Census Bureau data.

WCBS 880’s Sophia Hall reports

A separate analysis by the Downtown Alliance property owners’ coalition indicated that neighborhoods in Manhattan, Brooklyn and New Jersey within half an hour of downtown saw an increase in young, educated workers, the New York Times reported.

One woman, Austin, said she was saving up to move downtown from Astoria, Queens.

“Living out in Queens it’s a family, homes, and living in Manhattan when you are young, everybody wants to be here,” she said. “There’s so many fun, local places that are down-to-earth and small and cozy.”

Teresa Brady said she moved to the downtown area not long after the Sept. 11 attacks, and has seen the area grow tremendously in the past few years.

She called it a “really nice, developing, exciting area. It’s such a huge difference – when I moved here, businesses were struggling, and now it’s a thriving area.”

Have you moved to Lower Manhattan, or thought about doing so? Tell us below…