Manhattan has been relatively safe from Hurricane Sandy. The crane at One57 (the $90 million penthouse) snapped and a tree fell on a low rise Chelsea building. Overall, structures in Manhattan are fine because (i) Manhattan island is well protected geographically (ii) structures in Manhattan are made of brick/concrete/steel. Many buildings in Lower Manhattan have flooded basements, no power and some had to evacuate residents/employees post hurricane while building management fixes the problems. This is incomparable to the damage seen in the news in parts of Queens, Long Island, Jersey. Subway systems are still down but everything should be back to normal in a week.
This morning, walked from Battery Park to Midtown East. Below are photos along the way. Downtown is quiet because most buildings are without power. In Midtown, everything seems back to normal although there's still no subway.
A tell-tale sign in Midtown is that there are a lot more people and cars on the street during peak hour (because subway system down). Buses are full because that's the only other form of public transportation.
Grand Central Terminal on 42nd St
Downtown - 2 blocks south of Union Square
Downtown - Union Square
Downtown East 11th Street - Greenwich Village
Wei Min Tan is Managing Director of Castle Avenue Partners and focuses as a broker on luxury condominium property in Manhattan, New York. He was recently profiled in New York Times in the article Developers Cease Condo Incentives.
1 comment:
Well the city seems to have completely come back to order, the streets and the shopping malls may thou take some more time to be back to normal.
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