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INTERSECTION The wall of St. Patrick’s Old Cathedral, at the corner of Prince and Mott Streets. Weathered walk up tenement buildings cast shadows over the side streets; homeless men trudge through on their way to the Bowery; pizza shop workers settle in for a day at the ovens.

But even in its quiet moments, there are signs that this neighborhood, framed by Houston, Lafayette and Kenmare Streets and the Bowery, is now something very different. A woman strolling past St. Patrick’s Old Cathedral does so in Chanel flats; a trash pile on Prince Street includes a white leather handbag in like new condition.

And about those tenement buildings: Many are expensive to live in, when they are available at all.

Andrew Anderson, a senior vice president of Prudential Douglas Elliman, said recently that only around two dozen units were for sale in the neighborhood. Prices reflect that scarcity. When people are dead set on being in NoLIta, Mr. Anderson said, “I think what ends up happening, most of the time, is they buy right outside the neighborhood.”

He was in that position himself once and now lives on East Fourth Street, to the north. “You end up living within arm’s reach of NoLIta,” he said. “I still eat dinner there every night.”

In some cases, their ire finds an outlet in the name. Bob Gormley, the district manager of Community Board 2, which represents the area, recalled a conversation with one resident: “She said, ‘You know, there are people who’ve lived here a long time who get really angry when you mention the name NoLIta, because that’s really a concoction of the real estate industry.'”

“Some of the old timers,” he added, “they still like to say that they live in Little Italy.”

But old and new residents alike, Mr. Gormley said, have been united in their resistance to new bars and even some restaurants serving beer and wine. As in several other downtown neighborhoods, he said, new liquor licenses and the related issues of noise and crowding are of great concern.

In 2007, residents thwarted the opening of a burlesque club on Kenmare Street. Just this year, they blocked the arrival of a Shake Shack burger joint that had been proposed, with a takeout window and a rooftop terrace, for Prince Street.

“Sometimes the neighborhood feels like it’s beyond the saturation point, and where is it going to end?” Mr. Gormley said. “When you have so many places and it’s such a small area, it kind of gets people on edge.”

This worry is, of course, a form of love.

Debra Zimmerman, who has lived in a rent stabilized building on Prince Street for 32 years and who helped lead opposition to the Shake Shack, recalled renting her apartment for $175 a month when there was a chicken slaughterhouse across the street, then spending decades getting to know the neighborhood’s people and its odd quirks.

“It’s a really special little corner of New York,” said Ms. Zimmerman, who runs a nonprofit group for women who are filmmakers. “I’ve watched kids grow up in the neighborhood. There’s old Italian women, there’s young hipsters, there’s the Dominicans in bodegas, there’s all the bridge and tunnel people who come to eat in Delicatessen.”

There are also, she said, people like her, who are involved in the arts and who may have sought to live in SoHo years ago but found plenty of appeal in the neighborhood next door. Ms. Zimmerman’s office is at Grand Street and Broadway; her previous one was at Lafayette and Spring Streets.

“I am the quintessential ‘Don’t go above 14th Street’ person,” she said. “I don’t go above Houston and I don’t go below Canal. If you live here, why not?”

WHAT YOU’LL FIND

The Bowery and Lafayette Street are the heavily trafficked eastern and western boundaries, with taller buildings, wider sidewalks and more cars. But inside the neighborhood, Prince and Spring Streets are the main commercial strips; smaller shops and restaurants are found on the ground floors of five and six story tenements on Mulberry, Mott and Elizabeth Streets.

On a recent morning, several storefronts on those streets appeared empty or soon to be. Mike Bennett, who owns a commercial and residential building on Mulberry, said commercial rents were down as much as 35 percent, though that also could be said of other Manhattan neighborhoods.

Despite the turnover, he said, the area remains popular.

“You can see on the weekend people walking around with their New York maps,” Mr. Bennett said. “It’s a lot like the Lower East Side people are really interested in these little spots that have kind of become New York landmarks.”

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That includes vestiges of Italian American culture sprinkled here and there, like the Parisi Bakery on Mott Street and Albanese Meats and Poultry on Elizabeth. More notoriously, the Ravenite Social Club at 247 Mulberry Street, long known for its association with John Gotti, is now a shoe store.

WHAT YOU’LL PAY

Co op apartments in NoLIta sell for at least $800 to $1,000 per square foot, and as much as $1,200 per square foot in especially high quality buildings, said Darren Kearns, a senior vice president of the Corcoran Group.

“It’s just rare to find anything for sale,” Mr. Kearns said. “Most of those buildings never turn over. When something does come up, it still demands really good prices per square foot.”
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Discount mulberry sale 2011 Outlet A Time Capsule Invaded