Seaport Tower shows New York’s fight between housing and heritage
Can the city build its future without destroying its past?
There is nothing beautiful about 250 Water Street, a derelict car park in Lower Manhattan. But it is in the historic low-rise district of Seaport, an old fishing quarter, which was designated a landmarked area in 1977. The site is the focus of a legal row over a project dubbed the “Seaport Tower”, which has pitted preservationists against developers.
The context is New York’s dire lack of housing. In February the city’s triennial housing survey revealed a rental vacancy rate (the proportion of available housing unoccupied) at a historic low of 1.4%. The Seaport Tower, which would soar to 324 feet, higher than the Flatiron Building, would bring 270 new housing units in a convenient part of town. But at what cost?
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This article appeared in the United States section of the print edition under the headline “The Big Grapple”
United States May 4th 2024
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- Hawaii may soon have America’s first official state gesture
- Escalating protests expose three fault lines on American campuses
- Seaport Tower shows New York’s fight between housing and heritage
- California’s population is growing again
- A surprising Japanese presence in a traditional American craft
- Joe Biden is practising some Clintonian politics
From the May 4th 2024 edition
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