TriBeCa is a term made up from its location-Triangle Below Canal. It's
to the south and east of SoHo, has it's own four historic districts.
The TriBeCa area became popular and largely residential in some part
due to a trend to nightlife in Manhattan moving South. It's intersting
and moderate priced residential options drew people to the neighborhood.
The area provides an affordable alternative to living in the more upscale
neighborhoods of Manhattan. Though prices of homes for sale start from
$300-400's for smaller units.