The First Neighborhood

 

By Alon Gibely Jex

Since 2005, when NY Living Solutions first opened its doors, we’ve been located in the Financial District. Not only did we get our start here, but so did New York City itself, when the first Dutch traders set up shop in this very same area in 1625. And through the years, the importance of this neighborhood has certainly not diminished.

In 1697, Trinity Church was erected to serve the needs of the growing Protestant community, and the church is still there, albeit in its more recent Gothic incarnation, built in 1846 where it still stands. In the church’s adjoining cemetery lies the remains of Robert Fulton, inventor of the steamboat and namesake for nearby Fulton street, Albert Gallatin, former US Treasurer and one of the founders of New York University, and Alexander Hamilton, former US Treasurer and revolutionary, who’s currently nearly as popular now as he was when he was alive thanks to the Broadway musical.

The revolutionary roots of New York City’s Financial District don’t end with Hamilton, Federal Hall, located on Wall Street, is where George Washington first took office as the first president of the newly formed United States of America, with New York City as its capital, and Federal Hall housing all branches of its newly formed government. Federal Hall still stands right there on Wall Street, as a museum, with a statue of George Washington in front in honor of the oath of presidency he took in 1789.

Just a few blocks from Federal Hall, on Pearl Street, sits Fraunces Tavern, New York City’s oldest building. This tavern was a flash point for the American Revolution and also the site where George Washington bid farewell to his troops. Fraunces Tavern is now a museum, but still an active bar as well!

Head up north to Beaver Street (so called because it was the site of an active pelt trading market for Dutch settlers) and you’ll run into the iconic Delmonico’s steak house. Started in the early 1800s, Delmonico’s has been serving prime cuts to the people of the Finanicial District for over two centuries.

Many of Delmonico’s most loyal customers are those who work in another iconic building, the home of the New York Stock Exchange. Although Wall Street (so named for the 12-foot wall that was built in 1697 to protect the Northern boundary of a Dutch Settlement situated there) is synonymous with the world of finance, and more specifically, the stock market, the actual home of the New York Stock Exchange is technically on Broad Street. And while the nearby bronze behemoth, the Charging Bull (also called the Wall Street Bull) has only been around since the late eighties, the building on Broad Street has been the home of the NYSE since 1903.

Yes the history of the Financial District is long and illustrious, and this post merely scratched the surface of the birthplace of New York City.  No longer just a center for finance, the Financial District is now home to thousands of people that call New York their home, including us at NY Living Solutions, who have been here for over a decade and can’t wait to see what the next ten years brings to this wonderful neighborhood.

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Exclusive Coop for Sale Located in the Trendy Columbia University neighborhood

200 West 108th Street, #14a

$1,250,000 FOR SALE
2 beds 2 baths
Property Type: Coop
Maintenance: $1,827
Pet Policy: Case By Case

Located in the Columbia University neighborhood, Pre-war apartment in excellent condition and a spacious layout.(Approx 1250 sf) high-floor with open eastern and northern exposures. Views overlooking Central Park.

Apartment features pre-war details, a windowed kitchen, Large living room, corner master suite, Spacious 2nd bedroom, 2 full windowed bathrooms, high beamed ceilings and great closet space. This coop has a renovated marble lobby, P/T doorman, new elevators, central laundry, and a live-in super

Just a couple of blocks from Central Park and its many attractions,
Located Close to several subway lines (1/2/3/B/C).

531 Manhattan Ave – Two Family Townhome for Sale

531 Manhattan Ave – Two Family Townhome for Sale

This Harlem Townhome is located just East of Morningside Park and a short walk to Columbia University. This highly desirable location, is home to a well maintained Two-Family.

2nd, 3rd & 4th Floor Triplex: Features – Two Bed / Three Bathrooms, Kitchen, Living Room, Den/Home Office, Three Fireplaces (One on each floor) and two Skylights on the top Floor. This space currently has the only access to the garden, via a spiral staircase off the den.

Garden Level: One Bedroom & One Bathroom features Large Living Room with Open Kitchen, Generous Bedroom with a walk-in closet. Ceiling fans located in the living room and bedroom. The bedroom in the rear of the unit has two west facing windows with garden views. This unit currently has no access to the garden.

Basement: Laundry space for the one bedroom tenant, plenty of dry storage space. This area houses all of the properties Mechanicals: Boiler, Water Tanks (2), and Separate Electric & Water Meters.

Lot Size: 15×80
Building Size: 15×55 – Approx. 4100Sf including basement
Building Can Be Delivered Vacant.
Currently Configured: Triplex (2Bed/3Bath) & One Bedroom (1Bed/1Bath)
Steps to fine restaurants, reputable jazz clubs, shopping centers, bookstores and movie theaters.
Transportation: A, C, D & B @ 125th Street MTA Stop & M60 Bus to
LaGuardia Airport – 2 Blocks Away
Low Taxes

$2,500,000 FOR SALE
4,100 ft²$609 per ft²7 rooms 3 beds3 baths

 

Airbnb Slows Hiring Overseas, Shifts Strategy

Fast-Growing Online Rental Service Is Trying Not to Move Too Quickly Abroad

Airbnb Inc. is trying to avoid becoming another cautionary tale in international expansion.

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Airbnb, which is run by CEO Brian Chesky, will centralize certain services in a yet-to-be named European hub.

One of technology’s hottest startups, with a valuation of $2.5 billion, the online-accommodation rental service has recently slowed down hiring in its international operation, according to several people with direct knowledge of the matter.

Airbnb, which has about 600 employees world-wide, has also shifted its strategy abroad. The company is assigning scores of employees to new roles and moving to centralize certain services in a yet-to-be announced European hub, these people added.

As a result, several employees—less than a dozen—have decided to leave the company, the company said. The creation of the hub, which may be set up in Dublin, one person said, will require relocation for some employees. Meanwhile, the changes in responsibilities will also require additional training.

A company spokeswoman confirmed the changes to its international strategy and added that it hasn’t made any layoffs in connection with these changes. She declined to comment on plans for a new European hub.

Pressing on the international brakes might seem counter intuitive for the five-year-old San Francisco based startup—a business that is now more global than domestic. But Airbnb and its chief executive, Brian Chesky, is trying to avoid the pitfalls that have befallen other highflying tech companies, like Groupon Inc., GRPN -1.54% which grew hyper-fast abroad early on but faced major difficulties after going public.

Full Article Here:

Via The WSJ

7-Eleven Goes High-Tech – FiDi

 7-Eleven has gone high-tech.

New Lower Manhattan 7-Eleven

The chain’s expansive new Financial District outpost, which sits at the corner of John and Pearl streets, boasts touch-screen ordering, free Wi-Fi, a huge flat-screen TV and even an Amazon Locker — a kiosk where Amazon customers can pick up their online-ordered goods.

The new 7-Eleven opened last week —  just in time to celebrate the chain’s annual “Free Slurpee Day” on July 11 — and looks more like a cafe than a convenience store, with enough space to seat about 25 people.

The Stack: NYC First Prefabricated Building

INWOOD — One of the city’s first prefabricated residential building to come to Inwood is near completion.

The Stack, a 38,000-square-foot, seven-story concrete and steel building, was shipped to 4857 Broadway in 56 separate modules. Placement of the modules started in late June and will be completed Wednesday by an eight-person crew and one crane.

Full Article Here:

Via DNAinfo New York

Introducing Wired City, a New Channel Where Commercial Real Estate and Broadband Come Together

wiredcity logo copy

New York City is inching ever closer to rival Silicon Valley as the epicenter of the tech world—and commercial real estate has to match its pace. With more tech start-ups moving to New York, and requiring high-speed Internet to do their jobs—or at least watch cat videos with minimal buffering—the presence of a broadband Internet connection can transform a pedestrian property into a hot commodity.

That’s why fellow Observer Media property The Commercial Observer has launched Wired City, a savvy new channel that explores the intersection of infrastructure, real estate, and broadband Internet. If you enjoy Betabeat’s coverage of New York’s quest for world domination, we think Wired City will be right up your alley.

Put simply, broadband Internet means high-speed Internet—in other words, anything that’s not that annoying dial-up connection you had around the dawn of the interwebs. It encompasses everything from DSL—which transmits information at a relatively slow six Mbps—to the much-desired fiber broadband, which transmits information at speeds up to 150 Mbps.

Full Article Here:

Via BetaBeat – The Lowdown on High Tech