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In the News: The Connecticut of Lower Manhattan
TRIBURBIA STRIKES AGAIN
Grub Street calls us the “Connecticut of Lower Manhattan” in a recent first-person musing on how “9 p.m. is the new midnight.” The writer skipped out of an office party (NY Mag is part of Vox, and they are headquartered at Brookfield) to head to the Frenchette bar solo, and was shocked to see the dining room cleared out by 10:30. I guess if your idea of a night out on the town has a Michelin star, that’s your fate. But we are not exactly rolling up the sidewalks here. (Hello, Puffy’s, Weatherup, The Hideaway, Walker’s, Nancy Whiskey, Mudville 9, Dark Horse, Monk’s…)
DUPLEX SELLS AT CAST IRON HOUSE
The duplex penthouse at the top of the Cast Iron House took the prize for priciest sale of the week, according to The Real Deal. “The 4,568-square-foot penthouse at 67 Franklin Street took the top spot in Olshan Realty’s weekly report on the borough’s signed contracts at $4 million and above. The four-bedroom, five-bathroom unit asked $14.95 million and entered the market in July 2019.”
CITIZENS’ ARREST FOR IDLING TRUCKS
Stick with me here: this is a citywide story from The Times about new legislation that allows citizens to report idling trucks and get a cut of the ticket profits. It is this clean-air legislation that has been cited as a possible example of how we could also ticket placard abusers. Just putting it in the hopper…
MAMAN OPENS SECOND UWS SHOP
Maman has opened a new Lincoln Center shop at 152 Columbus, between 66th and 67th, making that its 13th shop in the city. The Tribecans also have a shop on Amsterdam and 80th.
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I was thinking the same thing Re: placard abusers. Its a win win, city gets money from fines, we the citizens get a cut, and more importantly we gt our street parking back… i guess the only losers here would be the abusers (many of them NYPD friends and family).
Clearly reporting these to 311 is a total waste of time… every report i do on the app is closed within minutes with no action taken. I had to almost literally drag a traffic police officer and ask him why he was not giving this car a fine. Fortunately for me, the offender also had an expired registration, so he HAD to give him a fine. He did call twice asking someone what to do and referred to me as “there is a citizen here who wont go away until I give this ticket” and he was right. I did tell him i live in this building and have nothing to do so ill stay here until you give this abuser a fine. enough is enough. No standing anytime has no if or buts.
Good for u. Placard abuse is such a ripe topic for the tech described… and as an impetus for political change. Pols if u are watching, u skate to a win if u adopt this platform, regardless of what the police union does.
There’s a nice Bentley SUV usually parked outside 12 Warren. Nice shiny gold badge on dash, and info placard for traffic police explaining it’s a police surgeon vehicle of some sort. Do police surgeon’s have placard rights?
I agree with the complaint that the streets roll up too early. I know there are a few late night places but what happened to Tribeca? It is the CT of lower manhattan in part. Manhattan was always known as 24/7.
As much as I don’t like seeing Tribeca be called the Connecticut of New York, there is very little foot traffic after 10:00 on most nights, except for us dog owners. Bars stay open late. But some restaurants won’t serve food after 9:00 (wtf?!?) I get it, many families eat early, locals aren’t going out, tourists aren’t around, workers are still at home. It’s tough. But this observation isn’t completely wrong. The neighborhood used to percolate, Now it just simmers. And unfortunately restaurants are feeling it.
Good one: “The neighborhood used to percolate, now it just simmers.”
20 year Tribeca resident and 35 year NYC real estate developer with an emphasis on downtown here. My firm has done a lot of work surveying residents in many downtown neighborhoods to determine what is happening currently and what we expect going forward. Here are my observations.
Employees at the major banks such as Citi and GS will only be coming to the office 2-3 days/week for the forseeable future. Mon, Tues and Wed. are the high attendance dates. For those woking Thursdays, they do not want to go out nearly as much that night compared to the past because they head out of town that night or Friday morning. GS is sending many more jobs to South Florida than what has been reported in the media.
Based on our surveys, 60-70% of Tribecans are out of town Thurs. to Sunday/Monday. It used to be 40-50% were absent pre pandemc, but this has gone up tremendously.
Young people are saving money for travel and other expenses – higher priorities for them. They will go out for quick drinks and light meals, but more often back in th nighborhoods where they live, which is usually not Tribeca. .
Finally, large businesses have cut down on reimbursements for lavish meals. They also do not want to sponsor large client parties and are oping for different types of entertainment compared to the past.
This is why it seems like things are quiet. It will not change much going forward based on our extensive research.