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About Manhattan's Lower Manhattan

Office Space - Herald Square, NYC

David Argento Commercial Real Estate Advisor New York: Commercial Real Estate Agent in Manhattan, NY

No, it’s not Times Square, but it is an intersection on Broadway that New York visitors might want to put on their checklist. Herald Square is on the intersection of Broadway and 34th Street but the views are not limited there – in fact, the Empire State Building looms no more than a block away.

Though HS has been popular for some time – it was mentioned in “Give My Regards to Broadway” some one hundred years ago – it is today well-known for its presence in the Macy’s Thanksgiving Day Parade, which is watched around the country annually.


Office Space - Herald Square, NYC

Office Space - Herald Square, NYC

HS could also be considered somewhat of a “twin” to the nearby Greeley Square, where a triangular park rests between West 33rd and West 32nd Streets. Several blocks north is the world-famous Times Square, but despite the close proximity the two squares could be considered different neighborhoods entirely. A short walk eastward will get you to the Empire State Building and a walk of a few blocks westward will put you in proximity to Madison Square Garden.

Despite its prime New York location, HS still maintains its own local identity – even if the New York Herald no longer exists there.


NYC Office Space Leasing


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Office Space - Lower West Side, NYC

David Argento Commercial Real Estate Advisor New York: Commercial Real Estate Agent in Manhattan, NY

The Lower West Side is now known as Tribeca.
The name Tribeca stands for “Triangle Below Canal Street”.
Tribeca encompasses the area south of Canal Street, between Broadway and West Street, continuing south to Chambers Street.
The once dominant industrial base vanished by the 1960’s leaving behind large amounts of empty commercial space. This empty space attracted artists and a large scale conversion of the space into upscale residential homes.
It is one of America’s most fashionable and desirable neighborhoods, well known for its celebrity residents.
Some of it’s well known residents have included the likes of Billy Crystal, Derek Jeter, Gwyneth Paltrow, Robert DeNiro and both Caroline Kennedy and her late brother John Kennedy Jr.
Robert DeNiro along with Jane Rosenthal co-founded the Tribeca Film Festival in 2002. This helped to bring back the much needed revitalization to the district after the September 11th attacks.

Office Space - Lower West Side, NYC

Office Space - Lower West Side, NYC

Among some of the sites in the neighborhood are the Holland Tunnel, Washington Market Park and the Hudson River Park and the New York Law School to name a few.
A few noteworthy landmarks are the African Burial Ground on Duane and Broadway, City Hall on Park Row and Broadway and the Woolworth building at 233 Broadway.
Tribeca is also the home of Hook & Ladder Company #8. This still working firehouse was the site for the Bill Murray film, Ghostbusters.
Top restaurants in the neighborhood include Tribeca Grill, Nobu and Dylan Prime.

NYC Office Space Leasing


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Office Space - Midtown South, NYC

David Argento Commercial Real Estate Advisor New York: Commercial Real Estate Agent in Manhattan, NY

Mid-South is one of the more popular tourist locations in Midtown Manhattan. Here, throngs of tourists mingle with busy office-workers; berms and track shoes are seen as often as ironed dress pants and leather shoes.

Mid-South has the honor of harboring the most iconic building in New York’s skyline: the Empire State Building. This 102-story cultural landmark stands at a whopping 1,454 ft., and its unique Art Deco style drew the admiration of many architects. All other skyscrapers beside it seem plain beside this majestic work of art – it has been declared by the American Society of Civil Engineers as one of the “Seven Wonders of the Modern World”.


Office Space - Midtown South, NYC

Office Space - Midtown South, NYC

Mid-South isn’t just paradise for architects – Madison Square Garden, for example, hosts events such as sporting tournaments and concerts year-round. Shopaholics can also rejoice as Macy’s flagship departmental store is located here. Aside from the mass of discounted apparels to be bought, the departmental store also harbors an ancient relic – moving staircases!

Fancy a break from all the hustle and bustle of city life? Head down to Bryant’s Park, where Mother Nature resides peacefully with Mankind’s version of the concrete jungle. Admire the lush greenery while resting your tired feet by sitting on the many benches found in the park.



NYC Office Space Leasing


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Market Report: Since 9/11 Lower Manhattan Comes Roaring Back!

Mitchell Hall  NYC Real Estate Broker: Real Estate Agent in Manhattan, NY

9/11 - New York's Real Estate Market A Decade Later

I will always remember those innocent lives lost and all the heroes who sacrificed their lives to save others and the brave men and woman in the military.

This blog is a market report about the Rebirth of Lower Manhattan and New York's Comeback 10 years later.

Since September 11, 2001, the number of people living in Lower Manhattan has nearly doubled. In fact, Lower Manhattan has added more people over the past ten years than Atlanta, Dallas and Philadelphia combined.

Our city’s rapid economic recovery was the result of strong leadership at all levels of government (local, state and federal) and the resilience of all New Yorkers who were determined to come back from this unthinkable event stronger than ever.

Today Lower Manhattan is full of new housing, restaurants, hotels, bars, parks, schools, open spaces and new businesses big and small. Despite wide spread fear after 9/11 that New Yok's economy would never recover, The Real Estate Board of New York's (REBNY) examination of the city's real estate market shows that the city has demonstrated stregnth and resilience in the ten years following the attacks.

REBNY Study NY Real Estate A Decade after 9/11

New York's Real Estate Market A Decade After 9/11 >Read the report

Ten years later, New York City’s economy is strong and its real estate market is robust. REBNY has compiled data that chronicles the strides of NYC's real estate market in the last decade. Stimulated by government incentive programs, including grants for businesses and rent stipends for residents near ground zero, New York City has recovered and continues to thrive.

Today, New York City is thriving. Our population is growing and the city is adding new jobs. In re- sponse to the attacks, New York City has been a national leader in implementing more stringent building safety requirements. These include wider emergency exit stairs to make evacuations quicker, the installation of photoluminescent strips to make building evacuations safer and the full sprinklerization of office buildings to better safeguard property and protect lives.

Hand in Hand Remembering 9/11

In the spirit of the fellowship and unity that brought New York together in the wake of the September 11 attacks, Community Board 1 invites you to join us for Hand in Hand -- Remembering 9/11 as we stand together to show our resilience, unity and remembrance.

On Saturday, September 10th, 2011 at 8:46am, we will commemorate the 10 year anniverary of the September 11th attacks, when thousands of people will grasp hands to form a human chain along the waterfront from the tip of Lower Manhattan heading north. > Register now.

Take a virtual Tour of the New Lower Manhattan with Mayor Bloomberg

New York's Real Estate Market A Decade After 9/11

World Trade Center, Lower Manhattan

Read the report

9/11 Memorial and Museum at The World Trade Center

courtesy of:
Mitchell Hall, Associate Broker, The Corcoran Group
REBNY member

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