Neighborhood Guide

Midtown East

Midtown East etween 59th Street to the north and 42nd Street to the south, froaround 5th avenue to the East River: Moneyed empty-nesters live alongside midtown working stiffs in virtually every style of apartment (at every price range): modern skyscrapers with floor-to-ceiling windows, great prewars, brownstones. Few schools and a hike to the subway keep the stroller set away. Wave to Stephen Sondheim, whose townhouse backs up to the legendary Turtle Bay gardens, or high-five Derek Jeter, who bunks in Trump World Tower.The stylish Grand Beekman tower and the Beekman Regent, a converted schoolhouse, located on opposite corners of 51st and First. Other recent developments, like the ultraluxe Trump World Tower, initially boosted prices here by about 10 percent, a phenomenon brokers say is settling down.