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downtown: below 34th Street in manhattan

February 1, 2010

Tribeca and Lower Manhattan public schools zoned

Proposed Tribeca school zoning mapTribecaMonths of speculation, controversy, and debate ended last Friday as the District 2 Community Education Council voted 6-4 for "Option 2" as the temporary public school zoning for lower Mahhattan including: Tribeca, Battery Park City, The Financial District and Seaport area. Downtown Express reported that, "all Tribeca children west of Church St. will be zoned for P.S. 234. Children in east Tribeca and the Seaport will attend the Spruce Street School; the Financial District south of Liberty St. and Battery Park City south of Albany St. will attend P.S./I.S. 276; and north Battery Park City and Gateway Plaza will attend P.S. 89." The Tribeca Trib is running the map shown here as well as great coverage on the issues too. The plan redistributes and creates new school districts for PS 234, PS 89, PS 397 & PS 276. Unzoned PS 150 also serves the general community. Here's what the local media had to say:

The Tribeca Trib: Panel Chooses Zoning 'Option 2' for Downtown Schools

Downtown Express: Cheers & jeers as school Option 2 is picked

Broadsheet Daily: CB1's School Zoning Task Force endorses Option Two


June 15, 2009

Stoned again on Leonard Street in Tribeca

Leonard St. in Tribeca

TribecaCobblestoned that is. I noticed as I was walking home from the office today, this scene of Leonard Street undergoing a restoration to its original cobblestone pavers. It is being done as it was originally paved, starting at Hudson Street and moving eastward to West Broadway. These are beautiful finishing touches that help soften the edges of the neighborhood, and a reconnects us visually and tactilely, with its history. It adds value to the experience of everyone who lives here or visits. The work is part of the Harrison, Leonard, Greenwich Streets Reconstruction Project which LowerManhattan.info says, "includes utility upgrades including water and sewer mains, catch basins, and electric, cable, and telecommunications. Curbs, sidewalks (some pigmented), and roadway restoration... Reconstruction of Harrison from Hudson to West Street is slated to start by late 2009." I can tell you from personal driving experience, that stretch of Harrison Street is sorely in need of help, I just hope my shocks hold out until the work is done. The entire project is expected to conclude in spring 2010.

May 13, 2009

The Taste of Tribeca

Tribeca: still known for its fine dining. Everything changes...and right now our real estate marketplace is changing tooIf you live in Tribeca you may have received one of my tongue-in-cheek postcards depicting this scene of a local hot dog stand on the waterfront, at the corner of North Moore and West Streets in 1936 (photo: Berenice Abbott)— making the point that Tribeca's industrial heritage has yielded to a more gentle residential neighborhood. It includes some of the best restaurants in the city today. This weekend, sixty-seven of them will be offering a sampling of their wares at the annual Taste of Tribeca fundraiser, supporting Arts and enrichment programs at Tribeca's two public elementary schools. Founded in 1994 by the parents of children at PS 150 and PS 234, this culinary festival brings together Tribeca’s best restaurants in an unforgettable and delicious experience. The event takes place this Saturday, May 16th and tickets can be purchased online here as well as at locations in Tribeca. For complete details, visit the Taste of Tribeca site.


Taste of Tribeca, Saturday May 16th from 11:30 AM to 3:00 PM;
Rain or shine on Duane Street (between Greenwich and Hudson Streets)

Web site: Taste of Tribeca
Buy tickets
Visit the Taste of Tribeca Facebook page

January 27, 2009

tribeca, 1936 to today

tribeca

above: the corner of West Street at Warren Street in 1936. below: 101 Warren Street on the site today
click on any image to enlarge it | 1936 photo by Berenice Abbott | 2009 photo by Peter Comitini

101 warrren streettribecaI had some fun today standing in the approximate foot steps of Berenice Abbott and rephotographing the above scene, which she shot on April 8th, 1936 as part of Changing New York, her definitive record of New York in the 1930s which was sponsored by the Federal Art Project. I happen to live in Tribeca, a block away from this scene at the corner West Street at Warren Street. It had been a vacant lot ever since I can remember, part of the "urban renewal" which cleared out much of the infrastructure of the industrial waterfront in the 1960s. The new condominium tower at 101 Warren Street now rises on the site, along with the neighborhood's Whole Foods, Bed Bath & Beyond, and Barnes & Nobel. It epitomizes the modern day transformation of the area. The residences were designed by the New York office of Skidmore Owings & Merrill for developer Edward Minskoff, and are some of the best designed and built anywhere in Manhattan in recent memory. This is a special building that outperformed many others during the recent NYC building boom because it delivered superior product and location. The sales here reached an average selling price for the initial sponsor's offering of around $1500 per square foot (that's just an average, many units sold much higher) and pushed above $3800 per square foot for a unique $22,000,00 penthouse with panoramic river views. With the exception of one of the penthouses, the building completely sold out its 227 sponsor units, there are several apartments available for resale that can be shown too. It is quite a contrast to the lower west side of the Manhattan that Berenice Abbott walked 73 years ago. The Museum of the City of New York describes the West Street of the 1930s like this:

"The Eastern side of West Street was lined with cheap hotels, bars, luncheonettes, auto repair shops, and gas stations"
MUSEUM OF THE CITY OF NEW YORK, MCNY.ORG

In comparing the two images above, the massive, Art Deco, New York Telephone building serves as a visual landmark further down West Street in the new photo, while DC37 union headquarters now occupies the Abbott shot's World Telegram building, just to the north of it; note the naked steel armature for the signage which still sits on the roof. The College of Insurance building and 101 Warren Street now occupy the foreground, while the Bank of New York building and Seven World Trade Center rise in the background.

Photo by Fred Palumbo, New York World-Telegram & Sun
Washington MarketI find myself endlessly fascinated with the metamorphosis of the city. Tribeca's western most area was once the bread basket of New York. Produce and meats came down along the Hudson by ship from upstate, then were processed, stored and distributed from the waterfront. The marketplace stretched from the north at the Gansevoort Market in the "meatpacking district", southward through Greenwich Village, Soho, and Tribeca, to the Washington Market, which once occupied the World Trade Center site. It's 1940's iteration is shown here just to the south side of the of the New York Telephone building.

Most of the industrial waterfront and the rest of Tribeca, has been reclaimed as residential luxury lofts and apartments in this most recent chapter of downtown Manhattan. While many of West Street's historic structures have been lost, much of Tribeca to the east has been preserved from it's industrial past, and is now protected by several historic landmark districts which will help insure that our neighborhood retains its distinct character for future generations.

updated 01.29.2009

May 24, 2008

Woolworth's western facade fully seen for last time

woolworth buildingtribecaThe demolition of the 1951 Moody's building at 99 Church Street has revealed, for the first time in 57 years, this unobstructed view of Cass Gilbert's neo-gothic design for the Woolworth Building's western facade. It is the site for a major new addition to the lower Manhattan skyline— Architect Robert A.M. Stern's design for the new, downtown, Four Seasons Hotel and condominium tower. The new skyscraper will rise on the construction site visible in the foreground and will eclipse this view forever. The new tower will be taller than the Woolworth, which was the world's tallest building when it was completed in 1913. Mr. Stern is working for World Trade Center developer Larry Silverstein on this project. It's scheduled to open in 2011 around the time the World Trade Center Memorial will be completed.

photo note: this image was digitally adjusted to compensate for optical distortion.

related story:
Four Seasons condo tower adds to the downtown skyline

May 19, 2008

Is it a good time to buy in Tribeca?

s some of you know, I've been a Tribeca local since 1995. Another long-time resident and friend, who's kids go to PS 234 with mine, sold his loft last year, and has been leasing a place in the neighborhood instead. He's one of several people I know who sold and moved into a rental, in part because they believed the sales market had "peaked". These are folks who had built substantial equity over time in their properties. He sent me an email asking about the market. Here's my response, and a more detailed analysis on the downtown landscape for buyers.

continued »

January 29, 2008

Four Seasons condo tower adds to the downtown skyline

The tallest residential tower to be built downtown, will be at 99 Church Street at the crossroads of Tribeca and the Financial District. Developer Larry Silverstein announced that the property would be operated by luxury hotelier The Four Seasons as their second New York City location, just at the edge of the World Trade center site. Built on the site of the 11 story former home of Moody's (now tenants at Silverstein's 7 World Trade Tower) the lower half of the building will house a 175 room Four Seasons Hotel with the remainder dedicated to 143 private condominium residences of up to 6500 square feet, with hotel services.

continued »

January 21, 2008

A forgotten Keith Haring discovered in Tribeca condo

This is a fascinating report by Bradley Hope at The Sun about a lost work by Keith Haring which was recently uncovered during the redevelopment of a loft at The American Thread Building in my neighborhood of Tribeca.

continued »

December 20, 2007

A plan for Governors Island begins to take shape

The Mayor and Governor announced the selection of Dutch firm West 8 to lead the effort in the redevelopment of Governors Island into what may become one of the largest and most exciting public spaces in the nation.

continued »

November 29, 2007

Video: Tribeca & Lower Manhattan development

The Stoler Report recently focused on Tribeca and Lower Manhattan development, and will be of particular interest to my readers. These two broadcasts archived on at their Web site cover residential and hotel developement, retail space, and office leasing in the downtown market.

continued »

October 18, 2007

Chelsea new development tour is an industry hit

In West Chelsea on Wednesday, the new residential developments, close to the High line, opened their doors to the brokerage community for an extra long, 4 hour, open house tour. Hundreds of brokers were seen brushing shoulders with gallery hoppers, and making the rounds at all of the sales presentation centers. It was like an open air mall for some of the priciest homes on the planet.

continued »

October 3, 2007

Tribeca homes jump 36% in third quarter 2007

I'll be posting the entire Q3 Corcoran Report on the market as soon as the pretty versions are made ready for download. But I'd like to take a moment to look at the downtown numbers and particularly those of my own neighborhood of Tribeca. I've lived here for eleven years and seen it transform from an enclave of warehouses and artist lofts, into the city's newest prime neighborhood.

continued »

September 17, 2007

Update: photos from ground zero 2007

This is an update of last week's post a 'September 11th photo journal from ground zero'. This 9/11 was a rainy Tuesday, the site was overcast and more somber than in previous years. The site is now a construction zone as the redevelopment moves into its next phase. This will likely be the last year that families of the victims will be able to walk into the pit where the buildings once stood. I roamed the area surrounding the site this 9/11 again, and added new photos to my set on Flickr.

continued »

September 14, 2007

Video: East Village memories

A perfect little video interlude titled 'Art and Unrest in the East Village' appeared online at the NY Times site today on the history of the East Village by John Strausbaugh, who also wrote the related article 'Paths of Resistance in the East Village'. think that you'll enjoy watching this very informative video about the rich contribution of this downtown neighborhood over the past 150 years.

continued »

September 10, 2007

a September 11th photo journal from ground zero

I live in Tribeca, the neighborhood just north of the World Trade Center site, about four blocks away from ground zero. Each year since that terrible day I've made it a point to visit ground zero to pay my respects to those who died there. For the past five of those years, I've carried a camera and documented a slice of time from each September 11th which I'm presenting here as photo journal hosted on Flickr.

continued »

July 5, 2007

Making lemonade at 9 West 19th Street

Now available for download is a complete web brochure for this outstanding property. In a related story, this was a classic case of bad timing for my client, as we were preparing to go to market with 9 West 19h Street, the owners of the adjacent property put up a scaffold; unfortunately obscuring part of the facade of our building for sale. It posed new physical challenges as to how best market the property.

continued »

May 22, 2007

Rebuilding downtown manhattan, a bird's eye view

Now appearing weekly on LowerManhattan.info is a new map which details nearly 70 downtown construction and renovation projects. The map is updated every week by the Lower Manhattan Construction Command Center. The LMCCC— along with the city Department of Transportation, New York City Police Department, and other partners use the map continually to identify locations where traffic congestion, pedestrian restrictions, or other access issues may arise throughout the downtown reconstruction effort.

continued »

May 4, 2007

Inside the architects' studio at ground zero

The Tribeca Trib is running a day in the life style cover story this month that is a look inside the architect's studios at Seven World Trade Center; "Silverstein Eyes Progress on His Towers". In a second story they cover the exodus of cultural institutions from the site's plan.

continued »

April 30, 2007

South Tribeca and Battery Park City's changing skyline

Here's a point of view that not many get to see of the changes underway affecting south Tribeca and northern Battery Park City. These four massive developments, fueled in part by Liberty bonds made available in the aftermath of 9/11, are forever changing the character and density of the area.

continued »

April 28, 2007

Giant director missing at Tribeca Film Festival

The week of the Tribeca Film Festival is upon us once again. Popcorn flows freely outside of PS 234, and this empty director's chair was found outside of the Franklin Street subway station. Presumably for some big director (over 25 feet to be exact) whom to date, has not shown up.

continued »

April 26, 2007

Sunday walking tours of Flatiron

The Flatiron/23rd Street Partnership is sponsoring free walking tours of the historic Flatiron district every Sunday starting April 29th.

continued »

April 24, 2007

Springtime in Tribeca sees +17% appreciation

I was researching the downtown market this week and looked at the spreadsheet data that the first quarter Corcoran Report, which I posted last week, was based on. It had some greater detail that I'd like to share with you regarding my own neighborhood of Tribeca. Homes solidly increased here by a 17% average sale price per square foot.

continued »

March 19, 2007

New Blue for you?

I'm pleased to announce that I'm exclusively representing this brand new one-bedroom condominium for rent. This is at Blue, one of the most talked about new developments in the hipster thick of it, on Manhattan's Lower East Side.

continued »

March 9, 2007

Greetings from New Amsterdam: Russell Shorto speaks from The Island at the Center of the World

The Downtown Alliance's next Third Thursday Lecture features Russell Shorto, author of The Island at the Center of the World and a contributing writer for the New York Times.

continued »

March 6, 2007

the downtown download

{download-able market report} The downtown download is excerpted from the 2006 year end corcoran report shows a landscape of modestly increased value in homes of +5% on average. Individual results are somewhat mixed, depending on the size and type of property.

continued »

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