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Re: Rush hour J to 9 Av

Posted by HANDBRAKE on Mon Apr 9 23:04:15 2012, in response to Re: Rush hour J to 9 Av, posted by AMoreira81 on Mon Apr 9 15:04:30 2012.

Has anyone from this board visited the financial district below Fulton Street lately? This included out of town folks. I have been working continually in lower Manhattan area since the mid 1980's.

Buildings that were once utilized by the financial industry have been converted to residential use. 67 Broad is only one of many conversion examples, with 10 Liberty Street, a residential tower, on the corner of William Street. On a typical school day, parents with children in tow fill Broad Street while enroute to the local school, as opposed to a pure commercial crowd hustling towards their work place. Tourists now flood the area.

In 1985 when Broad Street was still a two way street, one could not finds space to walk on the sidewalks of Broad Street between the NYSE and 60 Broad Street (Drexel-Burnham). Most of my customers in the financial industry that once called the Wall Street area home migrated to midtown, the World Financial Center, Jersey City during the 1980's thorough the early 2000's, or have gone out of business since the mid 90's, such as Drexel, Thomson McKinnon, to name a few.

I just don't see the high demand that may have once existed for rapid transit in the area south of Fulton Street towards South Ferry. Even with rebuilding the WTC area, I just don't see the work crowds returning to a high value target area.


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