Battery Park City

Battery Park City, City Living, Financial District, South Street Seaport

nyc singles

A report released Monday by the Downtown Alliance shows that the area south of Chambers Street in lower Manhattan is chock full of young New Yorkers with plenty of disposable income; the development advocacy group hopes the news will result in the creation of more options for them to spend it. Crains reports on the survey, which found that 60 percent of apartments in a growing residential sector that includes the Financial District, Battery Park City and the South Street Seaport are home to single tenants and roommates with no children, one of the highest concentrations of young singles–defined as 18- to 44-year-olds, in the city. This spendy demo hits the town every other night on average, blowing about $1,000 a month, adding up to $356 million a year. But according to the report, half of that is spent in other neighborhoods due to a lack of “appealing options” in the area.

Tap a keg, stat

Battery Park City, Financial District, Interviews, People

nathan berman

He’s been called the King of FiDi with over 2200 apartments under his management. The founder and principal of Metro Loft Management, Nathan Berman specializes in transforming landmark office buildings into luxury rentals. He recently acquired the leasehold for 20 Broad Street, the former New York Stock Exchange building, and plans to convert it to white-glove rental apartments. Other properties include 20 Exchange Place, a 1931 Art Deco office building that used to be the City Bank-Farmers Trust Building, and the former Munson Shipping Company headquarters at 67 Wall Street. Both buildings were converted into luxury rental apartments with condominium finishes and features.

Over the years, Berman has developed a profitable formula that’s yielded some of the most architecturally distinguished rental buildings in lower Manhattan. Ahead, Berman explains his focus on the rental market, as well as his first foray into the world of condos with the uber-luxe 443 Greenwich Street.

READ THE FULL INTERVIEW HERE… 

Battery Park City, Financial District, Landscape Architecture, Urban Design

og:image, World Trade Center Liberty Park Under Construction

Construction image via Port Authority

The city will cut the ribbon on another landscaped elevated this park this summer with the opening of the World Trade Center‘s Liberty Park—although no exact opening date has been pinned down, reports DNA Info. The park, which will measure just over an acre and rise 25 feet, is sited next to the Santiago Calatrava-designed St. Nicholas National Shrine (still under construction) and will provide an overhead view of the 9/11 Memorial and a leafy pocket of respite for FiDi workers, dwellers and tourists alike. But more practically, the park will give way to a pleasant pedestrian connection across West Street, on top of hiding the entrance to the WTC’s security hub that sits beneath.

See more here

Featured Story

Architecture, Battery Park City, Carter Uncut, Features, Financial District, History, opinion, Urban Design

Skyline Wars: In Lower Manhattan, A New Downtown Is Emerging

By Carter B. Horsley, Mon, April 18, 2016

carters view downtown manhattan

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter brings us his fourth installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at the evolution of the Lower Manhattan skyline.

Lower Manhattan at the start of the Great Depression was the world’s most famous and influential skyline when 70 Pine, 20 Exchange Place, 1 and 40 Wall Street, and the Woolworth and Singer buildings inspired the world with their romantic silhouettes in a relatively balanced reach for the sky centered around the tip of Lower Manhattan.

Midtown was not asleep at the switch and countered with the great Empire State, the spectacular Chrysler and 30 Rockefeller Plaza but they were scattered and could not topple the aggregate visual power and lure of Lower Manhattan and its proverbial “view from the 40th floor” as the hallowed precinct of corporate America until the end of World War II.

The convenience and elegance of Midtown, however, became increasingly irresistible to many.

More on the the history of Lower Manhattan and what’s in store

Battery Park City, Celebrities, Recent Sales

225 Rector Place, Augusten Burroughs, Battery Park City real estate

If you’ve read any of Augusten Burroughs‘ memoirs (“Running with Scissors,” “Dry,” or “Wolf at the Table,” to name a few) you’ll know that his life was quite tumultuous. His NYC home, however, is just the opposite. The Battery Park City studio condo at 225 Rector Place is completely plain and neutral and void of any bells and whistles. His past partner Dennis Pilsits purchased the residence in 2008 for $600,767, but then transferred it over to Burroughs in 2011, presumably as part of their split. Now, according to city records, the New York Times #1 bestselling author has unloaded the pad for a mere $637,000.

Check it out

Battery Park City, Financial District, History

nyc wall street slave market

Behind all the banks, tall towers and tourists filling up FiDi is a dark past most of us know nothing about. Back in the 1700s, a corner of Wall Street at Pearl Street played host to the city’s official slave market. Though no real recognition has been given to those that suffered in the construction of Manhattan in its earliest days—rather, the area’s sordid past has for the better part been swept under the rug—WNYC reports that the city will finally pay tribute to these forgotten slaves, adding a historical marker to the site where the slave market once operated.

Find out more about the slave market here

Battery Park City, Celebrities, Cool Listings

Riverhouse, 1 River Terrace, Tyra Banks, NYC celebrity real estate

The listing doesn’t specify if you’ll have to walk the runway or strike a pose to be considered for the role of “America’s Next Top Tenant,” but if having Tyra Banks as your landlord sounds appealing, and if you have $50,000 a month to spare, be sure to check out the supermodel’s Battery Park City pad, which just hit the rental market, according to the Daily News.

The 7,000-square-foot Riverhouse condo was originally four separate units on the 22nd and 23rd floors, which Banks bought in 2009 for $10.3 million. In 2011, she angered neighbors with the “ear-rattling drilling” and paint fumes from the renovation, which lasted nine months longer than the expected completion date. Hopefully the new renter will be more in line with the low-key, eco lifestyle of the residence, which is known as the greenest residential building on the East Coast.

Find out more here

Featured Story

Battery Park City, Features, Financial District, History

Happy Birthday Lady Liberty! She Turns 128 Today

By Rebecca Paul, Tue, October 28, 2014

statue of liberty

Every day Lady Liberty stands tall holding high her torch in celebration of our nation’s freedom. Since today is Miss Liberty’s 128th birthday, we thought it would only be appropriate to take some time out of our busy schedules to return the favor. Join us for a brief look back at some of Miss Liberty’s most notable moments throughout history. Happy birthday Lady Liberty, and here we go!

Fun facts on Miss Liberty here

Featured Story

Battery Park City, Features, History, Major Developments, Midtown, Urban Design, Williamsburg

nyc master plan, master plan of manhattan, master planning new york

We often think of the street grid as New York’s greatest “master plan.” Officially known as the Commissioners’ Plan of 1811, this put in place the original, gridded street pattern that we still know today. But there have been several other master plans that took shape on a smaller scale within the linear configuration of Manhattan. These planned communities were largely conceived to transform blighted or underutilized areas into suburban enclaves or peaceful oases within the big city. And just like the neighborhoods that grew organically among the street grid, these master-planned areas each have a unique character. They’ve also influenced a new crop of developments, currently under construction on the West Side and in Brooklyn.

We take a look at planned communities that historically changed the fabric of the city, as well as those on the horizon

Featured Story

Battery Park City, Features

Battery Park City, Battery Park City ariel view, Battery Park City

As New Yorkers, we learn to be resourceful. We can turn a tiny patch of grass into a full-on park, double the space of our 400-square-foot apartment with lofted rooms and suspended shelving, and get all of our reading in on the commute to work. But for some, this sacrificial lifestyle becomes too much, and daydreams of suburbia set in.

Not ready to pack your bags for Jersey or Westchester just yet? Look to Battery Park City, a suburban-like enclave that’s just a five-minute walk from Wall Street. The 92-acre planned residential community is the largest “green” neighborhood in the world, with more than one third of its total acreage covered in parks and gardens. Additionally, the area boasts spectacular waterfront views, large apartments, slightly more affordable prices than its Financial District neighbors, and an impressive collection of public art.

Read more

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