CHINATOWN (Grand Street to the north, Allen to the east, Lafayette to the west, Chambers Street to the southwest and East Broadway to the southeast)
This city within a city is not your honorable grandfather's Chinatown. Not only has it blurred the lines of its original boundaries crossing well into the old Jewish Lower East Side as well as over the border into Little Italy but it has become a hip place to live for non-Asians and those in the know who see it as a prime downtown development site in the not-too-distant future. It is the largest traditional ethnic area of the city and it is bound to heat up. How could it not, located as it is at the nexus of Little Italy, SoHo, TriBeCa, Lower East Side, and the Financial District and, just as strategic, a quick and easy glide to Brooklyn.