Ah, pricey condos and hip restaurants! Tribeca’s 10013 zip code, according to Forbes magazine, is America’s most overpriced.
Basically, it’s like this: the return on cost of living in Tribeca is so high that it makes it almost not worth it; it would be better to rent there, according to Forbes criteria, than to buy based on the return on dollars spent. Tribeca finished just ahead of Boston’s Chinatown zip code. Who knew?
Hat tip, Curbed.