Recent Comments
https://nypost.com/2018/02/05/taylor-swift-spends-millions-on-yet-another-tribeca-property/ "Sources confirmed the latest acquisition, a 3,540-square-foot unit that she bought from financier Jeremy Phillips for $9.75 million in an off-market deal. [...] The Tribeca Citizen was the first to notice that the LLC Swift used to buy the three-story townhouse shares an address with the LLC that bought the second-floor unit at 155 Franklin St." — James on Did Taylor Swift Buy Yet Another Apartment?
So sad to hear this. I know they had been struggling for awhile. Come on TriBeCa citizen - shop local! — TG on Ibiza Is Closing
Commercial Observer says the Soho store will be "roughly 19,000 square feet." The Chelsea store, according to Curbed, is 41,000 square feet. (The Union Square one is 15,00 square feet, and that includes the wine shop, says the NYT.) — Erik Torkells on Progress at Trader Joe’s Soho Store!
You don’t have to be a customer of “Laughing Man” to sit there. — SW on Laughing Man Wants to Expand Its Street Seats
Or could be some rich perve trying to get closer to Taylor. — Chris on Did Taylor Swift Buy Yet Another Apartment?
What I didn't read was a delivery date. — John on Why 56 Leonard’s Sculpture Is Delayed
No, no, no more seats for Laughing Man! They have enough already. Duane Street space needs to be shared by all businesses and citizens! Do not overextend your welcome. — TG on Laughing Man Wants to Expand Its Street Seats
The Worth Street Reconstruction Project is a mess. It is turning into the same ongoing disaster as did Houston Street and Chambers Street. And the anodyne communications from the project to the neighborhood have become offensive. They do not bear on reality. If backhoes and jackhammering occur at midnight, the project communications spokeswoman reports that the Con Ed or Verizon spokesperson should have informed the neighborhood. The Community Board will be having a task force on this matter later in the month, and residents affected should attend. — Bruce Ehrmann on Seen & Heard: What’s Happening at the Tribeca Cinemas Building?
Any idea if this store will be as big as the Chelsea store or smaller like Union Square? — Cami on Progress at Trader Joe’s Soho Store!
This is good news...Any word on a projected opening date? — Marcus on Progress at Trader Joe’s Soho Store!
Also, the location of the Waterfront, Parks & Resiliency Committee meeting on February 20 has been changed from the CB1 office to the Southbridge Towers Community Room at 90 Beekman Street. One of the topics to be discussed then is adding Saturday and Sunday work hours starting as early as 9AM at Bogardus Park to make up lost time from delays related to unexpected site conditions. As usual, CB1 welcomes local residents’ feedback so please attend or forward your comments to man01@cb.nyc.gov — N on Seen & Heard: Chinese Delivery Recommendations?
"Common Trde" = ? Common Tirade? What's with all the missing vowels? Have they gone up in price? — Marcus on Seen & Heard: Taste of Tribeca Is May 19
Apparently Fiscal Year 2013 (7/1/12-6/30/13) museum rent (what the audited financial report calls "the Foundation's occupancy costs [...] related to museum development costs") was $586,264; FY '15 was $635,586; FY '16 was $667,882; and FY '17 was $694,905. From the FY'15 audited financial report available at jackierobinson.org: "Lease On February 20, 2007, the Foundation entered into a non-cancellable lease agreement for its administrative offices and to provide space for a museum and education center. The lease contains provisions for future rent increases and rent-free periods, during which times rent payments are abated. The period of this lease is from May 1, 2007 through April 30, 2027 [...] "At June 30, 2015, minimum lease rental payments under the non-cancellable operating lease for the rental of office and museum space are as follows: Year Amount 2016 $ 1,187,637 2017 1,201,177 2018 1,268,879 2019 1,268,879 2020 1,268,879 Thereafter 9,184,589 [...] "During fiscal years 2015 and 2014, the Foundation’s occupancy costs were $1,590,017 and $1,509,853, respectively, of which $635,586 and $588,280, respectively, were related to museum development costs." — James on Seen & Heard: Taste of Tribeca Is May 19
"In fiscal 2014, the total tab was $588,280. (Some of the costs are offset by occasionally renting out the space. For instance, Nike used it during NBA All-Star Weekend.)" http://nymag.com/daily/intelligencer/2015/04/jackie-robinson-museum-now-5-years-late-to-open.html — James on Seen & Heard: Taste of Tribeca Is May 19
They have probably squandered $4-5 million in rent on the empty museum space. As of February 2013: "The museum was first slated to open on the ground floor of One Hudson Square in lower Manhattan in 2010. "Instead, its founders are paying $500,000 a year to rent a shell where the 11,000-square-foot exhibition is supposed to be. [...] " roughly $6.9 million [...] has gone to rent since 2007, when the nonprofit signed a 20-year lease with Trinity Real Estate. "Tax documents reveal the nonprofit spends about $1.3 million annually to rent the vacant first floor and a second-floor space housing the foundation offices. That’s more than the $1.2 million it gave out in scholarships in 2011. "More than a third of that rent expense — $546,000 per year in 2011 and 2012 — goes just to pay for the empty museum space. All told, the group has spent at least $2.1 million since 2007 on space it has never utilized." https://nypost.com/2013/02/17/tribeca-jackie-robinson-museum-is-long-overdue-and-may-never-open-due-to-rent-costs/amp/ — James on Seen & Heard: Taste of Tribeca Is May 19
Re: Jackie Robinson - I wonder how much they have squandered in rent waiting for this (alleged) open. I recall it was “coming soon” way back in 2004? when they first leased the space. I hope this year is really happening — Rohin on Seen & Heard: Taste of Tribeca Is May 19
Shame so many stores have already closed shop at the Trade Center. Luckily some have been quickly replaced by more typical retailer and others (Market Lane for example) are almost 2 years delayed already. Wonder what the vacancy rate at the mall is at. Still seems like its always bustling regardless. — Anthony on Seen & Heard: Taste of Tribeca Is May 19
"They are able to get money from the state for empty stores." Really? How? Please do tell. — James on Ibiza Is Closing
That huge, five-story building is for a single family? — KP on Seen & Heard: Still No Action at Trader Joe’s
Terrible, Terrible Terrible Landlords win again. We need to get rid of the law that allows these greedy landlords the right to sky rocket the rent and get rid of mom-pop stores because they can't afford to stay. 40 years and gone! They are able to get money from the state for empty stores. All mom-pop stores ending because of this reason. our city lost character because of this reason and continues to lose character. Just look on Greenwich street, 6th Ave West Village. — Native New Yorker on Ibiza Is Closing
Good Morning Erik, this is located on the corner of Chambers and Church Street inside of Donna Bella's Pizza space. They have great pizza's there, all the best, Sonia F. Stock & Joseph Altman — Sonia F. Stock on Where in Tribeca…?
And we’ve all seen the diluted result of a design to construction reality compromise. I still chose to be optimistic. — Andrea on Why 56 Leonard’s Sculpture Is Delayed
Here is a link to a historical economic study of rents and land use that NYU academics did of Greene Street in SoHo: https://wp.nyu.edu/dri/2015/07/29/nyu-development-research-institute-announces-the-launch-of-the-greene-street-project/ — James on Seen & Heard: Still No Action at Trader Joe’s
We'll see if the cost reduction on the sculpture has as negative an impact on the sculpture as cost reduction had on the building itself, replacing multiple Jenga floors in the middle of the elevation with bolt-on balconies. — James on Why 56 Leonard’s Sculpture Is Delayed
You don't have to be especially adept at judging changes in mood or tone in a large, anonymous enterprise like Whole Foods (I'm not), but there is no question that the feeling at our local store has become very dark and heavy in the past few months. It's especially noticeable because, as I'm sure many can recall, at one time the WFM experience was characterized by preternaturally genial employees. There are a lot of new people there now, and many long-time staff appear to have departed. Bad sign. Point of interest - in early December I visited the WFM at 125 St. and Lenox Avenue, and it was the best I've ever been in. I complimented the "Concierge" person, and told her that I lived near the Tribeca store but found hers much nicer. She was surprised and said that most of the people there figured that the Tribeca store was probably spectacular. Due to the neighborhood's reputation, I suppose. — David G. Imber on In the News: “The Mayor of Tribeca”








