Many years ago before the Tribeca Film Festival, before Robert DeNiro began opening upscale restaurants, before movie stars and models decided that Tribeca was where they wanted to live Tribeca was an industrial hub. Many of today's exclusive lofts were factories that housed manufacturers of many different products.
The zoning laws continue to change in favor of updating the antiquated laws of years ago. The zoning board just approved 25 blocks of prime Tribeca real estate to be zoned residential. This will add a large number of new apartments and lofts to the market and add a lot of new neighbors to join in with Mr. DeNiro and his pals at the local bars and restaurants.
Oct 18, 2010
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