Shuttered Lower Manhattan sights crippling tourist dependent businesses

New York /
Dec.December 03, 2012 10:30 AM

Lower Manhattan tourist hot-spots like the South Street Seaport and the Statue of Liberty remain closed following Hurricane Sandy, hurting tourism and local businesses, Crain’s reported. Retailers, restaurants and other Lower Manhattan businesses that count on the constant flow of hundreds of thousands of tourists will likely continue to suffer as sightseers favor parts of the city with less storm damage.

“We are starting to get questions now about whether downtown is open,” Travis Noyes, senior vice president of New York Water Taxi, a commuter-service operator that also offers harbor tours to visitors, said.

Moreover, changes to the South Street Seaport including Pier 17, where Howard Hughes Corp. is planning a redesigned mall, could keep tourists away even after other attractions reopen.

“We are being told that it won’t take more than 18 months to build the new structure, so we would only lose one summer, but if they close in July 2013, we’d lose two summers,” said Aristotle Hatzigeorgiou, whose Beekman Beer Garden Beach Club sustained an estimated $700,000 in hurricane damage. [Crain’s]Christopher Cameron

.


Related Articles

arrow_forward_ios
The Howard Hughes Corporation CEO David O'Reilly (LinkedIn via David O'Reilly)
Howard Hughes’ (slightly less) big Seaport project approved
Howard Hughes’ (slightly less) big Seaport project approved
A rendering of 250 Water Street, Landmarks Preservation Commission chair Sarah Carroll and Howard Hughes Corporation CEO David O’Reilly (Center for Architecture, The Howard Hughes Corporation/SOM)
Howard Hughes told to further refine Seaport tower proposal
Howard Hughes told to further refine Seaport tower proposal
Howard Hughes Corporation CEO David O’Reilly and 250 Water Street (The Howard Hughes Corporation/SOM)
Critics look down on shorter 250 Water Street
Critics look down on shorter 250 Water Street
Previous rendering of 250 Water Street (left) and a new rendering (right) with Howard Hughes Corporation CEO David O’Reilly (The Howard Hughes Corporation/SOM)
Howard Hughes hopes smaller Seaport project will work this time
Howard Hughes hopes smaller Seaport project will work this time
Howard Hughes’ Saul Scherl and a rendering of 250 Water Street (Getty, The Howard Hughes Corporation/SOM)
Howard Hughes to launch review process for $1.4B Seaport tower
Howard Hughes to launch review process for $1.4B Seaport tower
How will NYC real estate fare without 65 million tourists?
How will NYC real estate fare without 65 million tourists?
How will NYC real estate fare without 65 million tourists?
Airbnb CEO Brian Chesky (Getty, iStock)
Domestic travel gives Airbnb a boost
Domestic travel gives Airbnb a boost
Fairway at 480-500 Van Brunt Street in Red Hook and the O’Connell Organization's Greg O’Connell (Credit: Google Maps)
Fairway landlord: Private-equity owners ruined Red Hook store
Fairway landlord: Private-equity owners ruined Red Hook store
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...