NoMad and Haymarket In the News Again
via Manhattan Unlocked
We have discussed the Haymarket and the Tenderloin district in previous posts — citing the cultural relevance of this once bustling “nightlife” destination. During the Gilded Age, Broadway was literally the dividing line between the fine culture of The Fifth Avenue Hotel and the seedy nightlife that embodied the Haymarket — with all of this going on in the neighborhood we now call NoMad. It’s a fascinating story!
One of our favorite blogs, Manhattan Unlocked, recently featured an excellent piece on the Haymarket and the impact of NoMad in recent years. In our previous posts we have given a fairly good description of the neighborhood and how it has evolved, but this post is excellent and you must check it out!
Reading historical pieces about NoMad is probably one of our favorite pastimes, but articles such as this one really excite us because of the emphasis on the future. It was not long ago that this neighborhood was a forgotten area between Midtown and Madison Square Park, but now we on the cusp of an amazing revitalization.
As Manhattan Unlocked explained in the article, the concept of NoMad has been in use as far back as 1991, but it takes time for this city to recognize change. Now with the NoMad Hotel opening in a matter of weeks, as well as the prominence of Ace Hotel, Eleven Madison Park and others transforming this neighborhood, the sky is the limit and we can’t wait to see the progress NoMad NYC!
Comments
Thanks for this great article. I went to Manhattan Unlocked and the whole article is amazing. This guy does his homework. I didn’t realize the impact NoMad would have on the real estate market . . . .”the current elephant in the room of Manhattan real estate.”
“There’s a strange part of town that’s in the middle of everywhere. In the 1990s it was the counterfeit garment district; and not just clothing, but it’s where they made the knock-off Gucci and Louis Vuitton bags until even that “industry” moved overseas. Today the area is a bizarre amalgam of third rate retailers, “wholesalers to the public,” and import/export trading companies.
But what’s particularly interesting is that this is Broadway; and Broadway between Madison and Herald Squares—one would think such an area would be high-end residential and/or retail shopping. Think again; this is the current elephant in the room of Manhattan real estate.
And indeed, this is the undistinguished heart of Manhattan’s newest acronym neighborhood NoMad (NOrth of MADison Square), a name suggested as far back as 1991! But what’s integral to people using a new name for a neighborhood is that people actually go there, and that’s what’s happening now.”
— Manhattan Unlocked
John Dory’s and the Breslin Bar are my favorite neighborhood haunts — bet they’re more fun than the Haymarket was. Can’t wait to see what the Nomad Hotel brings.
The Unlocked article posits an interesting theory – - that ” NoMad is reclaiming that most notorious part of that most notorious district ” — finally filling “a residential and commercial hole right in the middle of the city”. Interesting way to look at it.