The Fashion District, also known as the Garment District, is home to many garment and fabric distributors as well as the FIT University. The neighborhood is known for its vibrance and artistic flair.
The Fashion District, also referred to as the Garment District, is located between 32nd and 42nd street between the 5th and 9th avenue. The name originates from the high density of fashion-related and garment stores in such a small area. The garment production and fashion label stores in the neighborhood also act as showrooms for many high quality fashion brands and as such, the neighborhood remains a symbolic headquarter for Fashion production in New York City.
New York City itself is considered to be the largest and most important fashion city in the USA, with roughly 185,000 people working in fashion-related industries in NYC alone and an estimate of 11 billion dollars in wages earned altogether. The 2017 New York Fashion Week was reported to have an economic impact of 600 Million US Dollars, as reported by the US Congress Joint Economic Committee. It is no surprise with the knowledge of these numbers why the Fashion District is such an important neighborhood to New York City and why it is always a high-energy neighborhood filled with creative minds and designers
The Fashion District earned its name in the early 1800’s after becoming an important headquarters for garment production and textile fabrication. The neighborhood has since continued to retain its popularity and name as headquarters for Fashion in New York City, although with the recent changing times and with the abundance of technology and overseas production, the rates of garment production have rapidly declined over the past decade. In 1987, the New York City government attempted to stall this rapid decline in local garment production by creating a special zoning district in the neighborhood that would allow the preservation of a local garment distribution and manufacturing economy; however, the zoning regulation has not helped the decline of production. Though the production rates have stalled and declined, the presence of fashion as well as fashion productions and heavy influx of luxury designers have not decreased.
One of Array Property Group’s favorite luxury rental buildings in the neighborhood is the Emerald Green, Crystal Green and the Sage; who are all three managed by the same company — Glenwood. Located on the West side of the Fashion district on 38th and 39th Street, these buildings are some of the most beautiful luxury rental units that area has to offer, with high-end finishes and a great variety of amenities.