Showing posts with label Financial District. Show all posts
Showing posts with label Financial District. Show all posts

Thursday, October 16, 2008

Stranded on Fulton

Weird not to have the Strand Annex at 95 Fulton Street in the Financial District around anymore...the store had been in this location for 12 years (in other locations downtown for another eight years)...but the double whammy of a 300 percent rent hike and the ongoing gutting of Fulton Street gave the Strand folks no other choice than to shutter the place, which happened the third week of September after some dandy sales.



And so the 15,000-square-foot space sits empty.




This box was out front the day I walked by...



At least locals can console themselves with another Dunkin' Donuts opening down the street.




[Top Strand photo taken for Downtown Express by by Jefferson Siegel]

Friday, October 3, 2008

If the Dow does plunge again today, you have THIS to look forward to...


This e-mail is apparently making the rounds now from FiDi bar and restaurant Pound and Pence on Liberty Street:

If the Dow Jones Closes 100 Points Lower...

HALF PRICE DRINKS AT THE BAR ALL EVENING

Receive Instant Savings When You Show This Message to the Bartender on Your Phone or on a Printed Copy.

Valid Only On Beverage Purchases at the Bar.

Wednesday, October 1, 2008

Is this something to worry about?

The Citibank branch on 120 Broadway in the Financial District is selling bowls of fruit salad in the lobby for $2.50.

Checking in (so to speak) at the Wyndham Garden Hotel

Workers unveiled the entrance to the 20-story Wyndham Garden Hotel at 20 Maiden Lane yesterday in the Financial District. Still, from the look of things inside, plenty of work remains at this L-shaped hotel that wraps around three low-rise buildings on the corner of Maiden and Nassau.




Regardless, the hotel has its Web site up and running. So I thought I'd check out a room for this week.



Oh. According to the site, they are now accepting reservations for stays after March 15, 2009. Anyway sounds nice, based on the description:

The Wyndham Garden Hotel - Manhattan Financial District is a new, modern, 20 story high rise located in the heart of the New York City Financial District and Wall Street, bordering the historic South Street Seaport and the trendy neighborhoods of Tribeca & The Lower East Side.

Whether you're traveling to New York City for business or pleasure you will find that this magnificent downtown New York City hotel offers easy access to the World Trade Center site, Statue of Liberty, Ellis Island, South Street Seaport, Battery Park, The Brooklyn Bridge and hundreds of Fortune 500 companies.


Let's add: "Come and see the end of Wall Street firsthand!"

Previously on EV Grieve:
A Win Won Situation

Monday, September 29, 2008

Noted


Before today's epic 777-point meltdown, Reuters had a piece on how the economic crunch may have an impact on downtown living:

The state labor department expects Wall Street to lose 40,000 jobs, perhaps permanently, which means the city's service industry could lose another 80,000 workers, in fields ranging from retail shops to law firms.

Lower Manhattan's future could rest on residential development, which has seen its population double to about 57,000 since 2001, as a older, obsolete office buildings were converted into trendy apartments for Wall Street whiz kids, said Mitchell Moss, professor of Urban Policy and Planning and director of the Taub Urban Research Center at New York University.

"That's going to turn out to be one of the great ironies that the residential development is going to create the demand for office space," Moss said, "because people enjoy working near where they live."

But financial sector job losses could drive down prices for apartments 20 percent to 25 percent, more than the rest of the city, said Bill Staniford, chief executive of real estate data web site PropertyShark.com.

"The buildings that have gone after this young hot Wall Street crowd will be the most vulnerable," said Pamela Liebman, chief executive at The Corcoran Group, which specializes in luxury homes in the metropolitan area.

"Finance is one of the more dominant buyer profiles that you'll see, so obviously it's a concern," said Angela Ferrara, a vice president of sales for The Marketing Directors, sales agent for The Setai, a luxury building at 40 Broad Street.

The week after Lehman Brothers failed, brokerage Cooper & Cooper received several calls from clients who needed to break their lease or could not take a new apartment, according to the brokerage's Vice President Jed Cohen.

Friday, September 26, 2008

Wall Street week in review: Monday


So, how was your week? As I've written before, I work in the Financial District, though my job has nothing to do with financials (or districts). Or Wall Street. Anyway, as you read here exclusively last week, things aren't going so well on Wall Street. But seriously, this past week was -- for a lack of a better word -- interesting. I noticed this giddy undercurrent while walking around. Especially among the tourists, who sensed they were witnessing history. And there was no shortage of activity, which is documented in subsequent posts.
On Monday, a small group (uh, four) of Ron Paul's Campaign for Liberty volunteers took to the steps of Federal Hall to voice displeasure over the Fed's bajillion dollar bailout proposal.



[For the record, that is NOT my thumb with the dirty nail...]

Also! Reporters and various rubberneckers stood outside the Federal Reserve on Maiden Lane to look at some well-dressed white people in suits. They were waiting to see Hillary Clinton.





And I think we all know why there was such commotion at the Fed...the missing gold!


Thursday, September 25, 2008

Stop me if you've heard this one before...

At Fulton and Nassau in the Financial District. By my count, this is the 11th Starbucks from Chambers Street on the east side to Wall Street.



Previously on EV Grieve:
Soon we'll be saying, "At least it's not a Starbucks AND a bank"

Friday, August 22, 2008

Thursday, August 21, 2008

At 20 Pine: Oh, my achin' back...

During my guest stint at Curbed last week, I wrote a post on 20 Pine, the big-ass condo conversion that's been taking a looooooong time to get condoized in the Financial District. Anyway, I have the occasion to pass by the place just about every work day. And the 20 Pine sign gives me pause nearly every time.



Hold on. "Hey, lady, could you please move from the..." Oh. She's part of the ad. Poor dear, given her posture, she must have neck and lower back pain. Is this really the best image to help sell a luxury property?

Oh. As for big-ass (classy me), this is what I mean:

2008_8_pine2.jpg

And it's, uh, big-assier in person.

Tuesday, July 8, 2008

The Financial District continues to attract interesting new businesses

At Maiden Lane and Gold Street. (This was a Burger King at one point, though the storefront has been vacant for four-plus years.)

At Water Street and Maiden Lane.

All this will go perfectly with the other businesses on Maiden, such as Duane Reade, Subway, Papa John's, Chipotle, Starbucks, Dunkin' Donuts...

Wednesday, June 4, 2008

If you must know...


Along Nassau Street. There's probably a perfectly reasonable explanation as to why the shopkeeper decided to let his or her valued customers know that it was a cousin who passed and not an aunt or uncle or someone else. (And does this inclusion feel like an afterthought?)

Wednesday, April 9, 2008

Miracle on Pearl Street



Outside my jurisdiction again! But I do work around the corner from this project at Maiden Lane and Pearl Street. So I have the pleasure to see this concrete hell inch skyward every week day. As Curbed as reported, the developers are such preservationists that they decided to make the old facade at 211 Pearl Street a permanent part of this gaudy insult to centuries past. As the City Room reported, 211 Pearl Street WAS a five-story counting house completed in 1832 for William Colgate, the founder of Colgate-Palmolive.

Anyway, as I understand it, the lovely old Pearl Street Diner -- with that classic neon sign -- will live on. It closed for a few days when the construction began at the Rockrose stinkpit late last fall.

I'll do more on the Greek diner later. Until then, if you're in the neighbor (lord knows why), please stop in....it's a rare gem (50-plus years) in a fast-changing neighborhood. With escalating rents and things like Subway and Chipotle (where you can get a week's worth of sodium in one meal!) open now around the corner on Maiden Lane, who knows how long Pearl will/can last.