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Tribeca

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Chambers Street and West Broadway in TriBeCa.

TriBeCa is a neighborhood in downtown Manhattan. The name is a syllabic abbreviation of "Triangle Below Canal Street." It runs roughly from Canal Street south to Park Place, and from the Hudson River east to Broadway.

History

TriBeCa was an industrial district, dominated by warehouse structures, that in the last decade has undergone a major revitalization. Many warehouses have been converted to livable residential lofts and new businesses which emerged make the neighborhood much more like a community than an industrial district. Residents like the neighborhood for its vibrancy, as well as for the solitude and harmony achieved by mixed zoning.

After the September 11, 2001 attacks, TriBeCa initially suffered financially. However, government grants and incentives provided an infusion of capital and the area rebounded. Amidst the recent real estate boom, Tribeca housing prices outpaced even that of the red-hot Manhattan market as a whole. Forbes Magazine ranked the 10013 zip code in TriBeCa as the 12th most expensive zip code in the United States in 2006.[1]

File:UnderTheUmbrella.jpg
Citigroup's Global Corporate and Investment Bank has its headquarters in TriBeCa.

TriBeCa is now a fashionable residential neighborhood with an affluent population. Many of the streets are lined with boutique shops and high-end restaurants such as Nobu, Chanterelle and Bouley. TriBeCa is also home to the TriBeCa Film Festival. The neighborhood is a frequent filming location for movies, including the 1984 hit movie Ghostbusters, which took place in a TriBeCa firehouse.

Architecture

Powell Building

TriBeCa is dominated by former industrial buildings that have been converted into residential buildings and lofts. Notable buildings in the neighborhoods include the Powell Building, on Hudson Street, which was designed by Carrere & Hastings and built in 1892.[2]

Washington Market Park

Washington Market Park

Washington Market Park, bounded by Greenwich, Chambers, and West Street, is a 1.61 acres park in TriBeca that is popular with children for its large playground. The park also has tennis courts and community gardens, and hosts many community events.

Notable residents

Many celebrities reside in TriBeCa, including Mariah Carey, Harvey Keitel, M. Night Shyamalan, James Gandolfini, Michael Imperioli and Robert DeNiro (who had a very high profile in the district's revival, such as by establishing the annual TriBeCa Film Festival in 2002). David Letterman has a residence there, as did the late John F. Kennedy, Jr..

References

  1. ^ See Forbes Lists [1]
  2. ^ Gray, Christopher (2000, June 25). "Streetscapes/105 Hudson Street; A TriBeCa Taste of the Young Carrere & Hastings". New York Times. {{cite news}}: Check date values in: |date= (help)