WSJ features Battery Park

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The weekend edition of the WSJ featured Battery Park City as a real estate opportunity.

Battery Park City Adds More to Its Views

January 25, 2013 The WSJ By MELANIE LEFKOWITZ

When Derek Lee moved to Battery Park City in 2004, the area seemed markedly different from the Midtown neighborhood he had left behind.

“It felt way more suburban than the rest of Manhattan,” says Mr. Lee, managing partner at L.G. Fairmont Group, a real-estate firm. “The streets were clean, there weren’t constant traffic jams with people honking all the time. It was more of a quieter, cleaner, safer feeling than all of the other neighborhoods.”

Today, Battery Park City—isolated from much of the city by the West Side Highway and the Hudson River, which border it to the east and west, and maintained by the Battery Park City Authority, which owns the land—retains its singular feel. But in recent years it has also seen development, with the construction of several high-end condominium buildings, a growing roster of noteworthy restaurants and, in 2009, the establishment of a new headquarters for Goldman Sachs Group Inc. on West Street. (full story here)

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