Is Lower Manhattan a victim of its own success?

Population growth, tourism and new construction are straining locals

TRD New York /
Dec.December 03, 2016 03:00 PM
One World Trade Center in Lower Manhattan

One World Trade Center in Lower Manhattan

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

An aerial view One World Trade Center in Lower Manhattan (Credit: iStock)

On anniversary of 9/11, the World Trade Center office market is now helping propel Downtown

49 Maiden Lane (Credit: Google Maps)

Karfunkel family inks $200M refi for Lower Manhattan tower

The city is scrapping plans for a new 40-story lower Manhattan jail

Pan Am refinances downtown portfolio

Larry Silverstein’s needed a new $32.6M pad to escape Midtown’s “old fogeys”

This low-key NYC real estate investor just landed on Bloomberg’s billionaire’s index

Macmillan leaving Flatiron Building for Silverstein’s 120 Broadway

Downtown Broadway retail boomed in Q4: CBRE