Why the Flatiron District is Right for Your Business
While Midtown Manhattan and Downtown Manhattan get most of the glory when it comes to attracting businesses in New York City, the rapid growth of the city’s tech, media and creative services sector has radically shifted the business landscape just in the past few years. At the center of it all is the Flatiron District in Manhattan.
Situated roughly between Union Square and Madison Square Park, the Flatiron District – named after the iconic Flatiron Building – has emerged as the hub of the city’s growing tech and new media scene. The district boasts a number of advantages for businesses looking to set up shop there, including an excellent office building inventory, a convenient location and
There has been a recent phenomenon throughout the United States of gentrification. As older parts of neighborhoods are occupied by new tenants with money, the neighborhood changes and loses its old character. Those who might have lived in those neighborhoods their entire lives are pushed out as rents begin to skyrocket and the surroundings begin to change. This has happened in many neighborhoods. One of the most well known is San Francisco, where technology companies have brought in new software engineers that have caused local rents to skyrocket and people to move out of the area. However, just as importantly has been the influx of new money to Brooklyn, where local neighborhood changes have forced people from their homes, traditional music to be replaced, and old businesses to go bankrupt.
In spite of its shortcomings, Battery Park City is still an excellent choice for all sorts of businesses, from finance to tech to media and just about everything else in between. It’s mix of modern office space and easy access to Lower Manhattan’s transit options make it a great choice for companies of all sizes and
Flatbush is a neighborhood located within South-Central Brooklyn of New York City. It comprises 2.3 square miles and consists of approximately 300 square blocks. It is an extremely vibrant, ethnically diverse and heavily populated section with rich cultures and traditions from multiple racial and ethnic groups including African American, Caribbean and
With a growing real estate market, investors can expect a good return on their investment. In addition, the industries within the town bring in new residents and potential business income.
In the city of Baltimore, people have decided to tear down their urban slums, which are heavily populated urban informal settlements that are characterized by substandard housing and squalor. Baltimore is also lowering its land taxes endeavoring to encourage wealthier people to move into the central business district. Other methods are increasing the creation of various public places such as parks. In New York, for example, Central Park serves as a perfect example of a space that was built to bring people together. Parks, change the urban landscape of the area, and impact society as well. With more parks such as Central Park, the central business district will be affected. Central Park an urban park in middle-upper Manhattan, within New York City, heavily impacted the CBD for it is one of the most popular parks within the world. Thus, urban policy has resulted in the alteration of central business and residential districts though the creation of various parks and the reconstruction of
Building the vitality of the downtown core through the creation of new residential, business, retail, cultural and entertainment opportunities.
Gentrification is a major reason for the increase in rent prices throughout New York City. Harlem rent prices have gone up over the past years because of new condominiums and businesses that are being built in neighborhoods. The displacement of residents leads to an increase of people becoming homeless in the city. According to the author, Ivan Pereira, “Harlem saw a 9.4 % average rent price increase during that same period from $2,191 last year to $ 2,397 in January” (Pereira 1). The change causes longtime residents to move out because of a variety of factors including unaffordability, pressure from property owners, diminishing or lack of stores that cater to them and many more. The more condominiums and business’s being built makes living
particularly true because the Troost avenue of today is a lot different than what it used to be, a lot of new businesses
New york is realy big city. Everybody imagine to live or visit there. That is the dream city.
However, a highly affected area of gentrification, in turn with living situations, is the suffering of local businesses. The appeal of gentrified neighborhoods has raised commercial rents to the point where small-scale tenants cannot afford to pay them, even at a steady profit. This situation has many titles, but most appropriately it has been named hyper gentrification. It is described as a mature stage during gentrification when not only are residents displaced, but, when commercial real reaches a market value difficult for anyone but a national or global corporation to pay, forcing businesses to also be displaced. It has the same benefit as displacing a common resident would in the end, higher profit for the larger owner (Ehrenhalt,
Flatbush Tenant Coalition (FTC) is an initiative of the Flatbush Development Corporation (FDC), a nonprofit organization that provides an array of support services for the Flatbush community, including preserving and protecting affordable housing, business attraction and retention initiatives, immigrant family services, and youth services. It was formed in 1975 by tenants and homeowners who sought to address the physical deterioration of the neighborhood.
Cate Thurston’s paper, “Bringing Back Broadway,” was a study of urban redevelopment in Los Angeles’ Broadway Corridor. Cate shared her research and analysis on why redevelopment was an important factor for various people, such as Ira Yellin, the Community Redevelopment Agency of Los Angeles, and Councilmember Jose Huizar. The reason why redevelopment was important for many people was because the city was changing and there was a need to drive tourists into the city. As more tourists visit Los Angeles, spending increases, thus, generating more prosperity and wealth. This paper also discussed why this particular neighborhood changed and why space changes over time in Los Angeles. Cate shared how the Broadway Corridor in the 19th and 20th
The city I live in is called Alameda. Alameda is very small and is considered an island more than a city because it's only connected by two bridges and one tunnel to Oakland and San Leandro. Despite being a small city, Alameda still has many large employers. Bay Farm is a district that is a part of Alameda and has many large employers, however I am not going to use Bay Farm because it's not connected to Alameda. Last year Alameda Landing was built, and in that area the largest employers would probably be Target then Safeway. Then we move on to South Shore where we have many large employers like Kohls, TJ Max, Trader Joes, and another Safeway. On Park Street, we have Alameda Theater which also has many employers and is a big attraction, there’s
Dogs may be a mans best friend, but their waste is not. For the residents of One Brooklyn Bridge Park Condominiums, their ongoing matter of waste layering all parts of where they call home has become an epidemic. Having to indoor walking through corridors and lobbies littered with feces, urine, and other dog waste on a daily basis has caused extreme discomfort among residents, as well as being exceedingly expensive and time consuming to clean. As a response to this persistent problem the board has decided to implement an ordinance that all dogs living in the building must have their DNA registered. Through a service called Poo Prints the board can send register each dogs DNA and send in samples of waste for DNA testing. Then the board can discover
Revitalization efforts in downtown areas have gained momentum over the past few decades, this paper is focused on revitalization strategies, recognizing the process of decline, while identifying key strategies used in downtown revitalization efforts over the past fifty years (Faulk 2006). Downtowns, unlike suburban shopping malls or office complexes, evolved slowly over time, responding to changing technologies, social and economic patterns. A city’s identity relies heavily on the image of its downtown, so inevitably cities of all sizes commit themselves to achieving successful downtown redevelopment (Robertson 1995). As I have been reading literature on downtown revitalization a number of strategies and principles have surfaced. Many of