Alliance for Downtown New York

Financial District, maps

Lower Manhattan is the nation’s third-largest business district and in recent years its residential building stock–both conversions of historic structures and new developments–has exploded. To track this booming urban landscape, the Alliance for Downtown New York launched an interactive 3D map to serve as a “comprehensive visualization” of the area, tracking all current and future developments within the square mile below Chambers Street. In addition to residential, office, and hotel properties, LM3D also breaks down restaurants, retailers, transit, parks and open space, landmarks, and vacant land.

Learn more about the map

Financial District, Policy, Urban Design

Water Street POPS, Alliance for Downtown New York, Jessica Lappin, Financial District, Water Street Arcade, Community Board 1, MAS, Zoning Proposal, Department of City Planning, Water Street Subdistrict, Rudin Management Co., RXR Realty, Brookfield Property Partners, Gale Brewer,

6sqft recently covered the controversial proposal by the Alliance for Downtown New York (ADNY), the Department of City Planning (DCP), and the New York City Economic Development Corporation (EDC), to change zoning laws to allow property owners in the Water Street Subdistrict of lower Manhattan–at One New York Plaza, for example–to bring in retail tenants like restaurants and clothing stores in exchange for making improvements and upgrades to the public plazas and arcades adjacent to their buildings. Crains reports that the City Council passed a bill Tuesday that would allow the Financial District landlords to convert the public corridors in front of 20 buildings in the Water Street corridor to retail shops.

The public corridors, which cover ten blocks, were created when the Water Street buildings that abut them were built. Building developers agreed to create the public arcades and walkways in exchange for more buildable square footage.

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City Living, Financial District, Policy, Urban Design

Water Street POPS, Alliance for Downtown New York, Jessica Lappin, Financial District, Water Street Arcade, Community Board 1, MAS, Zoning Proposal, Department of City Planning, Water Street Subdistrict, Rudin Management Co., RXR Realty, Brookfield Property Partners, Gale Brewer,

Whether you consider them “dead-end” corridors devoid of street life or nifty urban shortcuts (or just convenient rain shelters), the city’s covered public walkways and arcades are finding themselves in something of a spotlight, reports the Wall Street Journal.

This recent focus is on the covered walkways that run alongside skyscrapers in the Water Street corridor in lower Manhattan. A proposed zoning change, which would affect property owners in the Water Street Subdistrict, would allow retail to open up shop in these arcades.

Find out why some object to new retail additions

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