Part of Manhattan, as far as two quarters will get you (6)
I believe the answer is:
uptown
'part of manhattan' is the definition.
(as in Uptown Manhattan)
I don't understand how the rest of the clue works.
Can you help me to learn more?
(Other definitions for uptown that I've seen before include "Towards the urban centre" , "Residential area away from the commercial district" , "Describing the more affluent part (of New York, perhaps)" , "US urban residential area" , "Residential part of a (US) city" .)