Lower Manhattan’s Local News
Where the Streets Are Paved with Gold
Decades of Savings Needed to Purchase on Lavish Lanes
A trio of new analyses points to the self-evident conclusion that Lower Manhattan is a mind-numbingly expensive place to reside. The first of these comes from PropertyClub.com, an online real estate marketplace that eliminates middle-men for landlords, brokers and managers. This report tallied to most expensive streets in New York City, by tabulating residential sales on each thoroughfare.
Tribeca’s Murray Street was calculated to be the third-most expensive anywhere in the five boroughs, with a median sales price of $5.4 million, and a volume of sales in excess of $364 million. Park Place, West Street, and Chambers Street took places five, six, and seven, respectively, while Leonard and Warren Streets also appeared in the top 20.
A second compendium, from PropertyShark (an online real estate data provider), calculated the most expensive zip codes in America, and found that three of the top 20 fall within Lower Manhattan. They included Tribeca’s 10007 and 10013 (taking places five and eight on the list), where the median residential sales prices for the first half of 2019 were $3.9 million and $3.5 million, respectively. Coming in at 18th on PropertyShark’s list was zip code 10282, in northern Battery Park City, with a median sales prices of $2.8 million.
And a third data analysis (this one also from PropertyClub) quantifies how many years it would take someone earning the local median income (and setting aside 30 percent of their take-home pay each year) to save up a 20 percent down payment for a condominium, based on current sales prices. In this context, those hoping to live in Lower Manhattan would be well advised to cultivate patience. In Tribeca, an aspiring purchaser recently graduated from college would need 86 years to accumulate the down payment, meaning that he or should would be ready to apply for a mortgage at age 108. For those in a hurry, the Civic Center might be a better option, because a 22-year-old saver would need to wait only until reaching age 78 before having enough. But the real speed record goes to the Financial District, where a prospective condo owner would need to wait only until age 39 before being ready to sign on the dotted line.
A Tale of Two Museums
Community-Focused Cultural Center Faces Uncertain Future, as Tourism Magnet Thrives
The 9/11 Tribute Museum, a highly regarded local cultural institution, is grappling with a precarious outlook, according to a story first published in Crain’s New York Business, which says that the space housing the facility, located at Greenwich and Rector Streets, may be sold out from under the organization by its landlord.
Here We Go Again…
Battery Park City Resident Charged with Latest in String of Alleged Sex Crimes
Battery Park City resident and music industry executive Adam Lublin, a resident of the Tribeca Pointe building at 41 River Terrace is facing further charges of sexual misconduct, in addition to the counts filed against him by the Manhattan District Attorney’s office related to three other alleged incidents.
In a story first reported by the New York Post, Mr. Lublin was arraigned again on Monday, when he was charged in relation to a September 10 incident, inside his apartment, in which he allegedly took videos and photos of himself molesting a woman who was sleeping there. Investigators found these videos archived in an online account registered to Mr. Lublin. To read more…
Gotham Girls Winter Futsal League & Formativo Training
Gotham Girls F.C. – the only NYC all-girls soccer club
is running our Winter Futsal League for girls ages 7 to 16.
(Our foundational development soccer – Formativo – is available for girls ages 7-10). Our dedicated coaches ref the fun, active 50-minute 4v4 indoor futsal games, and provide coaching to develop girls foot skills and knowledge.
Dates are December 7/8 – March 21/22.
Games are on Saturdays or Sundays (depending on age)
at PS276 and PS234 gyms.
Cost is $210 for 12 games.
To register for Winter Futsal or Formativo, please go to http://gothamgirls.org.
The Rector Street Bridge
To the editor:
People who cross a bridge trust that it is safe; that it is built to proper standards; that it is inspected by engineers for reliability; that it meets neighborhood needs; that it is a permanent public asset.
The majority of the residents, workers, visitors and students crossing the Rector Street Bridge were not living or working in the area 17 years ago. They had no chance of knowing that the bridge was “temporary;” that there was a planned “bridge-trade” upon the completion of the West Thames Bridge; that the Rector Bridge construction confiscated garden plots; would block a recently located college entrance; waived and compromised fire and utility safety regulations; did not anticipate a 17 year time lag or substantial cost over-runs at the second bridge site; that the economics of running the Rector Bridge ridge were not adequately planned; that the maintenance for the “temporary” structure entails renovations and costs.
If you wish to help preserve the Rector Street Bridge, please add your name to the electronic petition at http://chng.it/5Vyjt4dk (if you haven’t signed a print petition).
Or you may speak out at Community Board 1’s November meeting conveniently located at Battery Park City School, IS-PS 276, 55 Battery Place this Thursday, November 21 at 6:00pm.
November 21, 2019
Pipes at One
St. Paul’s Chapel
The weekly Pipes at One series showcases leading organists and rising stars from around the country in this year-round series at St. Paul’s Chapel, featuring its celebrated three-manual Noack organ. Today, Erik Suter, organ.
Rethinking Thanksgiving with Perry Ground
National Museum of the American Indian
Community Board 1 Monthly Meeting
Battery Park City School PS-IS 276 55 Battery Place
McMindfulness: Ronald Purser with Liza Featherstone
North of Invention: A berthDay Celebration with bill bissett
Aggregation and Promulgation
Council Member and Borough President Push for Transparency in Development
Community Board 1 has endorsed a proposed new law — sponsored by a City Council member representing the Upper East Side and supported by Manhattan Borough President Gale Brewer — that would require City government to notify local officials whenever development rights are transferred between building lots. Such transfers are often used by developers to maximize the zoning potential for the site of a planned skyscraper.
Preservation, Renovation, Elevation,
and a Donation
Seaport Structure Reborn as Flood-Proof Food Emporia as Owner Celebrates with Support for Local Charity
The South Street Seaport’s historic Tin Building reached a milestone on Wednesday, when the last and highest structural beam was placed (after being ceremonially signed by dozens of well-wishers) within a reconstructed edifice, following an unprecedented, years-long effort to preserve it.
photos courtesy HHC
For more information, contact Scott Baker at firstname.lastname@example.org
CLASSIFIEDS & PERSONALS
Swaps & Trades ~ Respectable Employment ~ Lost & Found
LOCAL HIGH SCHOOL SENIOR AVAILABLE
FOR BABYSITTING OR TUTORING
17 year old young man, lifetime resident of Tribeca and BPC.
Went to PS 234, Lab Middle School and currently attending Millennium HS. This summer was a Councilor at Pierce Country Day Camp. Excellent references.Very experienced with kids under 10.
Available for weeknight and weekend baby-sitting and tutoring middle-schoolers in Math or Science.
Please contact Emmett at 917.733.3572
CERTIFIED HOME HEALTH AIDE SEEKING
Full-Time Live-In Elder Care
I am loving, caring and hardworking with 12 years experience. References available. Marcia 347-737-5037 email@example.com
ELDER CARE NURSE AIDE
with 17 years experience seeks PT/FT work. Refs available Call or text 718 496 6232 Dian
DO YOU NEED A PERSONAL ASSISTANT?
I am experienced, reliable, knowledgeable and able to work flexible hours.
CHINESE AIDE/CAREGIVER FOR ELDERLY
Cantonese/Mandarin-speaking and Excellent Cook for Battery Park City.
SEEKING FREE-LANCE PUBLIC RELATIONS PROFESSIONAL OR SMALL PR FIRM
Work with well-reviewed author of five E-books, developing and implementing outreach strategies. Includes writing, placement, research, new outlets and on-line advertising. Savvy social media skills a must. Downtown location.
Please send resume and fee schedule to: Email: firstname.lastname@example.org
Available starting September for PT/FT.
Wonderful person, who is a great worker. Reference Available
Available for PT/FT elder care. Experienced. References Angella
DITCH THE DIETS & LOSE WEIGHT FOR GOOD
Call Janine to find out how with hypnosis.
EXPERIENCED ELDER CARE
Able to prepare nutritious meals and light housekeeping
Excellent references 12yrs experienced 347-898-5804
Call Hope email@example.com
NOTARY PUBLIC IN BPC
$2 per notarized signature Text Paula at 917-836-8802
IT AND SECURITY SUPPORT
Experienced IT technician. Expertise in 1-on-1 tutoring for all ages.Computer upgrading & troubleshooting. Knowledgeable in all software programs.
James Kierstead firstname.lastname@example.org 347-933-1362. Refs available
OLD WATCHES SOUGHT, PREFER NON-WORKING
Mechanical pocket and wristwatches sought and sometimes repaired
If you would like to place a listing, please contact email@example.com
Nadler Sponsors Legislation to Make Lower Manhattan Heliopolis No More
Support is building among decision-makers to heed a decade long call by Lower Manhattan community leaders to enact a comprehensive ban on non-essential helicopter flights in New York’s airspace.
On October 26, Congressman Jerry Nadler was joined on the steps of City Hall by fellow federal legislators Nydia Velazquez and Carolyn Maloney, as well as Manhattan Borough President Gale Brewer and State Senator Brian Kavanagh, along with a coalition of activists and community leaders, to announce a new proposed law — the Improving Helicopter Safety Act of 2019. To read more…
CB1 Endorses Plan to Ease Downtown Traffic with Toll Modification Miles Away
Community Board 1 has weighed in on a proposal to change a decades-old tolling policy on the Verrazzano-Narrows Bridge, which may have a significant benefit for traffic congestion in Lower Manhattan. Although the bridge is eight miles away from Lower Manhattan, its tolling regimen is a significant contributor to Downtown traffic patterns. To read more…
EYES TO THE SKY
November 12 – 24, 2019
Transit of Mercury yesterday, Venus and Jupiter meet on the 24th
Mercury, the smallest planet in our solar system – slightly larger than Earth’s moon – and closest to the Sun, was observed – through telescopes – crossing the Sun yesterday, November 11. Even if you observed the little planet transiting the Sun in real time, it is worth watching NASA’s phenomenal two minute time-lapse film that shows close-ups of the Sun during Mercury’s May 9, 2016 transit. Click here to view. The next Transit of Mercury visible in its entirety from our location will be in 2049.
Cruise Ships in New York Harbor
Arrivals & Departures
Friday, November 22
Inbound 9:15 am; outbound 4:30 pm
Saturday, November 23
Anthem of the Seas
Inbound 5:30 am (Bayonne); outbound 3:00 pm
Port Canaveral, FL/Bahamas
Sunday, November 24
Inbound 6:15 am; outbound 3:30 pm
Port Canaveral, FL/Bahamas
Many ships pass Lower Manhattan on their way to and from the Midtown Passenger Ship Terminal. Others may be seen on their way to or from piers in Brooklyn and Bayonne. Stated times, when appropriate, are for passing the Colgate clock in Jersey City, New Jersey, and are based on sighting histories, published schedules and intuition. They are also subject to tides, fog, winds, freak waves, hurricanes and the whims of upper management.
Today in History
1620 – Plymouth Colony settlers sign the Mayflower Compact
1676 – The Danish astronomer Ole Rømer presents the first quantitative measurements of the speed of light.
1877 – Thomas Edison announces his invention of the phonograph, a machine that can record and play sound.
1905 – Albert Einstein’s paper that leads to the mass-energy equivalence formula, E = mc², is published in the journal Annalen der Physik.
1942 – The completion of the Alaska Highway is celebrated
1953 – The Natural History Museum, London announces that the “Piltdown Man” skull, initially believed to be one of the most important fossilized hominid skulls ever found, is a hoax.
1959 – American disc jockey Alan Freed, who had popularized the term “rock and roll” and music of that style, is fired from WABC-AM radio over allegations he had participated in the payola scandal.
1964 – The Verrazano-Narrows Bridge opens to traffic. At the time it is the world’s longest bridge span.
1985 – United States Navy intelligence analyst Jonathan Pollard is arrestedfor spying after being caught giving Israel classified information on Arab nations. He is subsequently sentenced to life in prison.
1986 – National Security Council member Oliver North and his secretarystart to shred documents allegedly implicating them in the Iran-Contra affair.
2004 – The Paris Club agrees to write off 80% (up to $100 billion) of Iraq’s external debt.
1785 – William Beaumont, American surgeon, “Father of Gastric Physiology” (d. 1853)
1787 – Samuel Cunard, Canadian businessman, founded the Cunard Line (d. 1865)
1898 – René Magritte, Belgian painter (d. 1967)
1902 – Isaac Bashevis Singer, Polish-American novelist and short story writer, Nobel Prize laureate (d. 1991)
1953 – Tina Brown, English-American journalist and author
1011 – Reizei, emperor of Japan (b. 950)
1908 – Carl Friedrich Schmidt, German-Russian geologist and botanist (b. 1832)
Governors Island Caps a Banner Season; Faces Momentous Decisions in 2020
Governors Island has recently concluded a record-breaking season, and faces a year of both expanded amenities and milestone decisions in 2020, according to a recent discussion at Community Board 1.
At the September 17 meeting of the Board’s Waterfront, Parks, & Cultural Committee, Clare Newman, the president and chief executive officer of the Trust of Governors Island, began by noting that, “as everyone knows, we are now open six months of the year, which means you can experience spring summer and fall on Governors Island.”
Quay to the Future
Hudson River Park Trust Hints at Estuarium Partnership with River Project
A discussion at the October 15 meeting of the Waterfront, Parks & Cultural Committee of Community Board 1 (CB1) pointed toward a possible resolution of a question that has remained unanswered for years: Will a highly regarded non-profit that has served Lower Manhattan for decades continue to have a home on the waterfront?
“A Fraudulent Scheme”
FiDi Renters Seek Recompense for Years of Rent Overcharges
In the wake of a June ruling by New York State’s highest court that tenants in Financial District rental buildings had been illegally deprived of rent stabilization benefits, a pair of apartment dwellers is litigating to recoup the money they lost by paying inflated, market-rate rents for years.
In October, Bruce Hackney and Timothy Smith, tenants at Ten Hanover Square, filed suit against their landlord, alleging that the owner’s, “failure to follow rent regulations was part of a fraudulent scheme to deregulate apartments in the building.”
Eighteen Years Later, What about the Children?
Schools Agency Begins Belated Outreach Effort to Former Lower Manhattan Students at Risk of 9/11 Illness
The City’s Department of Education is partnering with the United Federation of Teachers union for an unusual mission: tracking down former New York City public school students who were pupils at Lower Manhattan schools on September 11, 2001 (or in the months that followed) and informing them that their health may be at risk. The project will also seek to put these students in touch with the World Trade Center Health Program and the September 11th Victims Compensation Fund.
In September, the DOE began mailing out the first of more than 19,000 letters to the last known addresses of students who attended schools such as P.S. 89, I.S. 289, P.S. 234, P.S. 150, and Stuyvesant High School, along with dozens of other elementary, middle, and high schools below Houston Street.
Lower Manhattan Forecast: It’s Getting Cloudier
Downtown Alliance and BPCA Expand Free Wireless Coverage by 1.5 Million Square Feet
The Battery Park City Authority and Downtown Alliance have teamed up to bring improved or new free WiFi service to an additional 1.5-million square feet of outdoor space in Rockefeller, Teardrop, and Wagner Parks along the Hudson River in Battery Park City.
The next phase of the project, slated for 2020, will aim to cover large swaths of the Battery Park City’s Esplanade. For more information about free WiFi coverage in Lower Manhattan, please browse: www.downtownny.com/wifi
Click to 30 seconds of morning sounds on the esplanade
A Bridge Too Few
Community Leader Rallies Support to Halt Planned Demolition of Pedestrian Span Over West Side Highway
A Battery Park City resident and community leader is mobilizing support to preserve the Rector Street Bridge, the pedestrian span that is slated for demolition as a newer overpass at nearby West Thames Street (which unofficially opened in September) is gradually integrated into the local streetscape.
Bob Schneck spoke during the public comment session of the Battery Park City Authority (BPCA) board meeting on Tuesday, pointing to a petition drive he has spearheaded, and noting that, “I have collected more than 1,800 signatures by residents who want to keep the bridge. Rector Street lines up with almost every subway line in Lower Manhattan, and ferries on both ends.”
Putting the Tension in Detention
City Council Approves de Blasio Controversial Plan for New Jail Complex in Lower Manhattan; Legal Challenges Likely
The administration of Mayor Bill de Blasio won City Council approval on October 17 for a modified version of its controversial plan to erect a new, skyscraper prison in Lower Manhattan, as part of a wider scheme to close the City’s notorious detention complex on Rikers Island, and replace it with four, large “borough-based jail” facilities-one in each county, except Staten Island.
At the session during which the plan was approved, City Council member Margaret Chin said, “to my constituents-I hear you.
Rents Within Reach for 50 Years
Lower East Side’s Depression-Era Equivalent to Gateway Plaza Preserves Affordability Through 2069
City Council member Margaret Chin has brokered an agreement that will preserve affordability for rental tenants at Knickerbocker Village, a giant apartment complex in the Two Bridges neighborhood, which was built by a public-private partnership in the 1930s.
The complex bears striking similarities to Battery Park City’s largest residential development, Gateway Plaza. Both boast multiple buildings (12 on the Lower East Side and six in Battery Park City), surrounding a central garden. Each has a similar number of apartments: 1,590 for Knickerbocker Village and 1705 in Gateway Plaza. And the two projects were conceived as bulwarks of affordability.
The Subtle Art of Not Giving A Shoot
Chin Pushes Legislation to Rein in Production Permits
City Council member Margaret Chin is co-sponsoring a package of bills to clamp down on rampant film and television production in Lower Manhattan.
Although the new laws, if enacted, will have City-wide effect, their impact would be especially significant in the square mile below Chambers Street, where dozens of movies and TV shows commandeer local streets (sometimes for days at a time) each year.
Things That Make You Go ‘Hmm…’
Lawsuit Over Similarity Between One World Trade and Architecture Student’s Design Moves Ahead
One thing is reasonably certain: In 1999, Jeehoon Park, then a student at the Illinois Institute of Technology’s College of Architecture, created a design for a very tall building with a large square base tapering to a smaller square top. In Mr. Park’s vision, the square formed by the roof was rotated 45 degrees relative to the one at the ground level, so that the center-points on each side of the quadrilateral below corresponded to the corners of the one above, and vice versa. And instead of four vertical walls, the structure’s facade consisted of eight elongated triangles.
That structure was never built. Or was it?
You Can Hit-and-Run,
But You Can’t Hide
Driver Alleged to Have Run Over Tribeca Pedestrian in May Indicted for Separate Manhattan Traffic Death
The New York County District Attorney’s Office has indicted Jessenia Fajardo, a resident of the upstate town of Walden in two separate incidents involving reckless driving that caused injury to pedestrians. The more serious of these took place on July 19, when Ms. Fajardo is accused of having run a red light on the Upper West Side and then slamming into an elderly couple in a crosswalk. One of these pedestrians, 62-year-old Alfred Pocari, was killed, while the second (whose name has not been released) was seriously injured.
When police took Ms. Fajardo into custody at the scene of the July incident, they discovered that she was also involved in a similar (albeit less gravely serious) incident two months earlier. To read more…
What’s In Store?
Amid a Booming Economy, Lower Manhattan Retail Space Languishes
A new report from City Comptroller Scott Stringer finds that in one Lower Manhattan zip code — 10013, which covers parts of western Tribeca SoHo, and the Canal Street corridor in Chinatown — there are 319 empty retail spaces, comprising almost 300,000 square feet of unused property. To read more…
BPCA’s Public Art Collection Represents Multiple Layers of Value
The Battery Park City Authority, has completed an inventory and appraisal of its public art collection. This is part of a broad effort to take stock of the Authority’s ongoing role as a patron and custodian of pieces that represent an integral thread in the fabric of the community, as evidenced by the fact that space and funding for public art were both set aside decades ago, in the neighborhood’s first master plan, before the first building was erected.
BPCA Puts the Brakes on Conversions of Rental Buildings within Community
Residents of rental apartments in Battery Park City who fear being thrown out of their homes as developers plan to convert those buildings to condominiums can rest a little bit easier, according to the Battery Park City Authority.
At the October 2 meeting of the Battery Park City Committee of Community Board 1, Authority president Benjamin Jones said, “I want to talk about some of the potential condo conversions that people are concerned about. We have been very clear with developers over the last year, and then some, about our position — that we want to preserve the rental housing that exists in Battery Park City.” To read more…
Breaking It Down
Composting Catches on in Battery Park City
You’re probably heard of the farm-to-table movement. Thanks to the Battery Park City Authority’s compost initiative, there’s a burgeoning table-to-earth movement in this Lower Manhattan community.
What happens to the scraps after you’ve dropped them in the bin? How do your apple peels and corn husks turn into rich, beneficial compost?
The Broadsheet set out to investigate. To read more…
Death Came Calling at the Corner of Wall and Broad Streets, in Lower Manhattan’s First Major Terrorist Attack
As the noon hour approached on a fall Thursday morning in 1920, a horse-drawn wagon slowly made its way west down Wall Street toward “the Corner,” the high-powered intersection of Wall and Broad. Its driver came to a gentle stop in front of the Assay Office, where stockpiles of gold and silver were stored and tested for purity. But theft was not his motive.
Cass Gilbert and the Evolution of the New York Skyscraper
by John Simko
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