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Dec. 27!
Dirt Candy on East Ninth Street between Avenue A and First Avenue.
Nearly $5 billion in development projects in New York City have been delayed or canceled because of the economic crisis, an extraordinary body blow to an industry that last year provided 130,000 unionized jobs, according to numbers tracked by a local trade group.
The setbacks for development — perhaps the single greatest economic force in the city over the last two decades — are likely to mean, in the words of one researcher, that the landscape of New York will be virtually unchanged for two years.
“There’s no way to finance a project,” said the researcher, Stephen R. Blank of the Urban Land Institute, a nonprofit group.
Charles Blaichman is not about to argue with that assessment. Looking south from the eighth floor of a half-finished office tower on 14th Street on a recent day, Mr. Blaichman pointed to buildings he had developed in the meatpacking district. But when he turned north to the blocks along the High Line, once among the most sought-after areas for development, he surveyed a landscape of frustration: the planned sites of three luxury hotels, all stalled by recession.
[I]f drinking and dining have always been a moveable feast in New York, is charisma cartable? Can the character of everything from venerable pubs to palatial eateries migrate with their names and owners? This portability issue has gained new urgency in a season of economic disarray, when property owners are less willing to extend the leases of even the most beloved old-timers.
Loyalists can be fickle, and geography perilous. “New York is so provincial, three blocks is a huge distance,” said Patrick Daley, the owner of Kettle of Fish, the classic step-down barroom at 59 Christopher Street in Sheridan Square, in the space formerly inhabited by the Lion’s Head, a lionized writers’ pub, which closed in 1996.
“Who was born there? Who died there? Who was shot there?” said the organizer of the event, Eric Ferrara. “We’re interested in everything that’s notable and not so notable.”
Indeed, even before the neighborhood trivia contest began, there was much discussion over the little matter of what to call the neighborhood.
Although contemporary maps generally refer to the area of the East Side between 14th Street and Houston Street as the East Village and reserve the Lower East Side label for the neighborhood south of Houston, most older maps call the entire area the Lower East Side. Some old-timers eschew the East Village name as an aspirational invention of real estate interests trying to pump up property values.
“I use East Village professionally because it is what people know today,” Mr. Ferrara said. “But with family and comrades we still call it the Lower East Side.”
Mr. Ferrara said that he does not reflexively oppose gentrification, but lamented that he had recently moved across the East River to Brooklyn after being evicted from a rent-stabilized apartment on East Third Street.
“I can’t even afford to live in my own neighborhood anymore,” he said.