In recent years, Lower Manhattan has become a focal point in the overall resurgence of New York City. Significant investment across all asset classes has led to robust job creation as the neighborhood has reached a new post 2001 peak of more than 232,200 private sector employees. This has been fueled by tremendous growth within the local hotel, retail and restaurant sectors. As a result, 126 Pearl Street is well positioned to take advantage of this positive momentum and demand for residential apartments in one of the most sought after neighborhoods in Manhattan.