Neighborhood is the cusp of what used to be Little Italy and SoHo. Now it's NoLiTa and SoHo. Though I'm not sure what you mean by "how's the neighborhood?" The Spring Street station of the Lexington Avenue line is at the corner. There are plenty of cabs. There's new luxury housing being finished across the street and at the corner. Balthazar is around the corner (better food, but at a higher price), La Esquina is at the corner and Lombardi's pizzaria is a block away around another corner. Anyway, I haven't been there in quite a while, so I can't give you an update. ← I went there a few months ago and everything we had was fantastic, the foie gras, the filet mignon, the Lamb... the sauces were excellent, and it was terribly romantic sitting in the garden.