Below 14: Top Neighborhoods

Some of the neighborhoods below 14th street are often overlooked.  In this article we take a look at some of the recent events that have occurred in Maury County and the Financial District.

A decade ago, Daniel Hartsfield – originally from Columbia – opened Daniel’s Barber Shop on the Square.  Jason Whatley, an attorney from Columbia, was the very first customer to get a haircut in the Maury County shop.  Hartsfield was standing outside his store and Whatley asked if he could “cut his hair right now.”  He had already been looking for patrons for a few hours when Whatley showed up.  They’ve been neighbors ever since, with Whatley in an adjoining building, managing his law firm.

At the time, many people told him that it was great he had opened but they doubted he would make it. But he proved them wrong.  Not only is he still around; he’s thriving.  His barber store is a six-time ‘Best of Maury County’ award-winner, including this year, as voted by readers of ‘The Daily Herald.’

These days many young New Yorkers are choosing to make the Financial District their home. According to a recent PropertyClub report, millennials comprise 67 percent of area residents.   True, Brooklyn is home to 3 million millennials but per capita, the Financial District is booming with them.

Other neighborhoods featured on the top 10 list of housing choices for millennials include: Downtown Manhattan, the Garment District, Long Island City and Soho.

A Great Get-Away at Barton Hill Hotel

If you’re in the market for a vacation and a get-away from New York, it’s worth looking into the Barton Hill Hotel. Taken over in 2015 by Stabilis Capital in New York, the hotel is being operated by Scout Hotels with CEO Robin Kirk.

Scout Hotels is based in Nantucket, Massachusetts and operates six resorts on Cape Cod and Marth’s Vineyard. They also have one in Florida and one in New Hampshire.

The Barton Hill Hotel fits right into the portfolio of Scout Hotels, located on the Niagara River and boasting 70 rooms. As Kirk said, “Barton Hill is in an absolutely spectacular location. We like the structure very much indeed.”

For New Yorkers looking for a great get-away, the Barton Hill Hotel is a lovely location. A five minute walk from the Lewiston Museum and a 12 minute walk from the Artpark music venue, the hotel has beautifully decorated rooms with fireplaces, flat-screen TVs and free Wi-Fi.

Canal Street Grows in Popularity

Those eyeing real estate in SoHo may want to focus their attention, instead, along Canal Street. Last year, a group of buyers purchased 351 Canal Street and were led by Elli Ausubel of the White Bay Group. Uriel Cohen is the founder of the White Bay Group, while Elli Ausubel is the Managing Partner.

The purchasers bought the five-story, 25,000 square foot retail and loft apartment building for $24.8 million. Pouring $17.3 million into renovations, they are hoping to turn a healthy profit through retail space and tenant rentals.

As David Eisen, the broker at Eastern Union Funding who arranged for the bridge loan from Investors Bank, said “They believe they can secure a marquee national retail tenant for this space. There are a lot of people banking right now that Canal is going to be the next big shopping corridor.”

Up until now, Canal Street has not been a particularly desirable address. It has typically housed discount goods. As Michael Glanzberg, a principal at the So-Ho-based retail leasing brokerage Sinvin, said “Top-end retailers have been unwilling to go there.”

Now, as SoHo rents have skyrocketed, many are looking elsewhere. At the White Bay Group, Uriel Cohen and Elli Ausubel and others will certainly be watching how this property does.

The Solita SoHo Hotel

For those visiting the Lower Manhattan, a trip to the Solita SoHo Hotel is a must.  This boutique hotel receives rave reviews, as it pampers its guests with extraordinary service.  Guests at the hotel receive complimentary fresh cupcakes when they arrive baked by Oro Bakery.  There is, of course, complimentary high speed internet access and a daily newspaper of the guest’s choice.

Rooms include in-room safes, plush and inviting robes, dual massage shower heads and other amenities.  The quaint size of this 12 story building is just large enough for first-class service, but small enough to create a warm and cozy atmosphere.

Parking is secure and available nearby, and each stay certainly makes guests want to book the next reservation!