Is Lower Manhattan a victim of its own success?

Population growth, tourism and new construction are straining locals

New York /
Dec.December 03, 2016 03:00 PM

Downtown is back, baby! Since 9/11, Lower Manhattan has recovered remarkably. But as ever-growing crowds congest neighborhood sidewalks, it may also be a victim of its own success.

One World Trade Center, Santiago Calatrava’s Occulus and the National September 11 Memorial and Museum attract millions of visitors a year. And massive new residential towers have families pouring in. Now, residents say the once sleepy area (after work hours anyway) is becoming a nightmare to navigate.

“I always say be careful what you wish for,” Sarah Elbatanouny, the chief talent officer for Group SJR, told the New York Times. “We always wished for more restaurants and bars, but what’s come with that is trash, noise and congestion. It’s one of those double-edged swords.”

But it’s not just tourists and trash that are giving Lower Manhattan residents a headache. It’s the noise.

Citywide, 2,465 permits were issued for new building projects in 2015, up from 1,517 in 2010, according to the Times.

“It’s a loud, banging noise — they stop, and you relax, and then it starts again,” Elbatanouny said. “It feels like the wild, wild West.” [NYT]Christopher Cameron


Related Articles

arrow_forward_ios
Blackstone's Stephen Schwarzman and 8 Spruce Street (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images and Twitter/AAsArchitecture)
Blackstone’s 8 Spruce sues tenant over alleged pop-up restaurant
Blackstone’s 8 Spruce sues tenant over alleged pop-up restaurant
171 Bowery Street, Urban Standard’s Seth Weissman and Grant Shapolsky (Getty, Linkedin, Google Maps)
Stalled Bowery development site faces foreclosure
Stalled Bowery development site faces foreclosure
Hidrock Properties’ Abie Hidary and 140 Fulton Street (LinkedIn, Google Maps)
Hidrock’s FiDi hotel project facing foreclosure
Hidrock’s FiDi hotel project facing foreclosure
Larry Silverstein with 120 Broadway
Housing agency nabs two floors at Silverstein’s 120 Broadway
Housing agency nabs two floors at Silverstein’s 120 Broadway
Industrious co-founder Justin Stewart and 25 Broadway/Cunard Building (LinkedIn, Tdorante10/CC BY-SA 4.0/via Wikimedia)
Industrious partners with Wolfson for 44K sf at Cunard Building
Industrious partners with Wolfson for 44K sf at Cunard Building
Midtown Equities' Joe Cayre and 10 South Street in Manhattan (Casa Cipriani)
Casa Cipriani owners land $100M refinancing
Casa Cipriani owners land $100M refinancing
Vice Media CEO Nancy Dubuc and 225 Broadway (Getty Images, Google Maps, iStock)
Refinery29 subleasing at 225 Broadway for move in with Vice
Refinery29 subleasing at 225 Broadway for move in with Vice
Photo via NYCEDC
NYC floats $5B coastline extension in Lower Manhattan climate plan
NYC floats $5B coastline extension in Lower Manhattan climate plan
arrow_forward_ios

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

Loading...