ALLIANCE FOR DOWNTOWN NEW YORK

THE GOLDEN AGE OF TRANSIT IN LOWER MANHATTAN

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One hundred and ten years ago, the first underground line of the New York City Subway opened on October 27, 1904. In 1910, the great lost public temple of Pennsylvania Station was erected. In 1913, Grand Central Station took its iconic place in New Yorkers’ lives and imaginations.

Writing for the New York Times in 2012, Michael Kimmelman noted: “to pass through Grand Central Terminal, one of New York’s exalted public spaces, is an ennobling experience, a gift.”

The opening of the Fulton Center heralds another great development in our transportation history. This new station will soon become a significant hub in its own right. It will radically reinvent and uplift the commuting experience for more than 300,000 daily transit riders in Lower Manhattan. The station house, with a soaring light-filled interior and 66,000 square feet of retail and office space, reaches down into the Manhattan schist and rationalizes the intersection of the 4/5, 2/3, A/C, J/Z and R lines. This hub is solving problems left over from a century ago when the IRT, BMT, and IND companies competed and didn’t connect.

Fulton Center serves as a marquee among the $6.4 billion of post-9/11 investments in enhanced transit and transportation infrastructure in Lower Manhattan. The coming months will usher in a new golden age of transit in New York, one concentrated in Lower Manhattan. The scope of the investment---- and the dramatic transformation it has made for those who take the subway, PATH, ferry, bus or Citi Bike to the one square mile below Chambers Street in Lower Manhattan----is of a scale not seen in New York since those halcyon days of public transit investment in the early 20th century. Just a block away from Fulton Center, and connected by a new underground walkway, the Santiago Calatrava- designed World Trade Center Transportation Hub will be making a game-changing statement as well in late 2015. The dramatic winged complex will connect the interstate PATH train and 9 NYC subway lines. Surrounding the hub will be 350,000 square feet of magnetic retail and dining experiences. Additionally, the WTC station will be linked with Battery Park City’s Brookfield Place to the west by an underground concourse, which opened a year ago. This will, for the first time, make for a seamless East West connection across most of Lower Manhattan.

These two projects are the most visible investments remaking the transportation landscape of Lower Manhattan. They do come with a steep price tag, but their benefits are real and will be measured over generations. Investments in public transportation on this scale confer lasting dignity and elevate the daily commuting experience of millions and, just as importantly, they provide lifeblood for the economy of the area, city and the region.

ALLIANCE FOR DOWNTOWN NEW YORK

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$ 6.4 BILLION IN TRANSIT INVESTMENTSProjects since 2005 Cost Completion

Staten Island Ferry Terminal $130 M 2005

World Financial Center Ferry Terminal $69.1 M 2008

South Ferry Subway Station* $530 M 2009

M15/Select Bus Service $17.5 M 2010

Pier 11 Ferry Terminal $3 M 2011

Fulton Center $1.4 B 2014

World Trade Center Transportation Hub $3.94 B 2015

Route 9A Improvements $285 M 2016

Total $6.4 Billion*Opened in 2009, the MTA invested $530 million to lengthen tracks and improve capacity. The station is closed currently while the MTA rebuilds the station due to the effects of Hurricane Sandy and to improve future storm resiliency.

ALLIANCE FOR DOWNTOWN NEW YORK

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12 Subway Lines

30 Bus Routes & 1 SBS Route

6 Ferry Stops

& 20 Routes*

2 PATH routes

to NJ

7 Downtown Connection

Buses

28CitiBikeStations

Lower Manhattan’s Rich Transit Infrastructure

*Includes seasonal ferry routes

Selection of Lower Manhattan Transit Improvements Since 2005

127 MILLIONAnnual Riders

LOWER MANHATTAN’STRANSIT NETWORK SERVES

ALLIANCE FOR DOWNTOWN NEW YORK

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ACCOMODATING A HUGE AND GROWING LABOR FORCE WITH A ONE-SEAT RIDE

The importance of these transit investments is clear, especially in light of the more than 3.6 million potential workers who can reach Lower Manhattan via a one-seat ride.

These investments also serve an area that has seen robust growth in the labor force. Between 2006 and 2013, the period roughly concurrent with the construction of the Fulton Center, the labor force with direct transit access to Lower Manhattan grew by 314,000, or 9.5%. That’s nearly 2.5 times the growth rate elsewhere in the New York City Metro Region. That represents 50% of the labor force’s growth in the NYC Metro Region. (See table on page 5)

Currently, there are 350,000 daily riders and 127 million annual riders coming from fast-growing information worker-saturated neighborhoods like Newport/Grove Street in Jersey City, Greenpoint/Williamsburg and Dumbo/Boerum Hill/Brooklyn Heights. The labor force in each of these neighborhoods grew by more than 20% since 2006.

This network also connects job seekers in areas like Brownsville, Bushwick and Bedford-Stuyvesant in Brooklyn and Fordham and Parkchester in the Bronx directly to Lower Manhattan. Lower Manhattan is a growing, major employment center for jobs across all industries and functions, including the office, residential, retail and hospitality sectors.

New Jersey

Long Island

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Connecticut

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30 County NYC Metro Region

Area with One-Seat Ride to Lower Manhattan

3.6 Million

These transportation enhancements directly benefit a

growing labor force of more than

potential workers directly connected to Lower Manhattan

by a one-seat ride

ALLIANCE FOR DOWNTOWN NEW YORK

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Geography 2006 Labor Force

2013 Labor Force

Percent Growth (2006-2013)

Absolute Growth (2006-2013)

One-Seat Ride Area 3.3 Million 3.6 Million 9.5% 314,000

NYC Metro Region excluding One-Seat Ride Area

8.0 Million 8.4 Million 3.8% 310,000

Total NYC Metro Region 11.4 Million 12.0 Million 5.5% 624,000

Source of Labor Force data: 2006 and 2013 American Community Survey 1-year Estimates. One-seat ride area includes all PUMAs (Public Use Microdata Areas) that have a one-seat ride connection by ferry, PATH, subway or bus to Lower Manhattan, excluding Red Bank/Holmdel NJ which has a ferry connection to Lower Manhattan but data was not available. NYC Metro Region includes the 30 counties included in the New York-Newark-Bridgeport,NY-NJ-CT-PA Combined Statistical Area (CSA), defined by the Census Bureau in the Office of Management and Budget as the “region”, excluding Pike County, where data was not available from the American Community Survey.

Neighborhoods with More than 20% Labor Force Growth, 2006-2013

Williamsburg/Greenpoint

Pier 11 - 10 Min

Newport/Grove Street - Jersey City

WTC- 8 Min

Boerum Hill/Brooklyn Heights

Fulton Center - 6 Min

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THE REST OF

50%

of the New York City Metro Region’s Labor Force Growth

ALLIANCE FOR DOWNTOWN NEW YORK

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Origin Destination Trip Time (minutes) Route

Fulton Center

Metrotech Center (Brooklyn) 6 minutes A/C to Jay Street/Metrotech

111 Eighth Avenue (Chelsea) 8 minutes A/C to 14th Street

51 Astor Place (Greenwich Village/NoHo) 10 minutes R to 8th Street/NYU

One Vanderbilt Place * (Grand Central) 10 minutes 4/5 to Grand Central

15 Penn Plaza *(Penn Station) 10 minutes 2/3 to Penn Station

330 Hudson Street (Hudson Square/West Village) 11 minutes C to Spring Street

11 Madison Avenue (Madison Park/Union Square) 11 minutes R to Union Square

11 Times Square (Times Square) 12 minutes 2/3 to 42nd Street/Times Square Station

10 Hudson Yards (Hudson Yards) 16 minutes *2 to Times Square, Transfer to 7 train to 34th Street and 11th

Avenue425 Park Avenue *(Park Avenue) 17 minutes 4,5 to 59th Street

60 Columbus Circle(Lincoln Center) 17 minutes A to 59th Street/Columbus Circle

Rockefeller Center 20 minutes 4/5 to Grand Central,Transfer to 6 train to 51st Street

Source of Travel times: MTA.info, Assumptions: Route with shortest travel time to arrive by 11 am was selected, 7 train operational with 4 minute run time from Times Square to Hudson Yards and no transfer time is included. *Proposed/Planned

ACCESSIBLE TO OFFICE CENTERS THROUGHOUT NEW YORK CITYLower Manhattan enjoys unsurpassed accessibility. The area connects directly and easily to other NYC office centers, including the following 12 key office destinations that can be reached in less than 20 minutes from Fulton Center. Ten of those are accessible to Lower Manhattan by a one-seat ride.

ALLIANCE FOR DOWNTOWN NEW YORK

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MULTIMODAL NIRVANA

The transit enhancements remaking Lower Manhattan are not just rail. Significant investments have been made to also improve the pedestrian, biking, and waterway networks in Lower Manhattan:

• WalkNYC, a pedestrian wayfinding project by the New York City Department of Transportation, is being implemented in Lower Manhattan.

• Beyond improvements to ferry terminals, there are now additional routes----these include the East River Ferry to Brooklyn and Queens, as well as a ferry to Pier 84 in Midtown West.

• The reconstruction of Fulton Street from Church to South Streets concluded in 2014.

• Other biking improvements in the area include the construction of a bikeway along the East River from the South Street Seaport to the Battery Maritime Building as part of the East River Waterfront Esplanade. Portions will connect north to Montgomery Street on the Lower East Side and around the southern tip of Lower Manhattan to Battery Park, connecting to the bikeway along the Hudson River.

• Improved pedestrian crossings on West Street, including a new at-grade crossing at Vesey Street and an underground connection through the World Trade Center West Concourse, make it safer and easier to connect to and from Battery Park City.

AND MORE MAJOR PROJECTS TO COME

Future major projects still planned to elevate Lower Manhattan’s network include at least $1.8 billion in investments. These include:

• These include the extension of PATH service to Newark Liberty International Airport, which was approved for $1.5 Billion in February 2014 as part of the Port Authority of New York and New Jersey’s capital plan;

• Implementation of storm proofing for Lower Manhattan subway stations, with a primary focus on the Rector N,R, and 1 stations, Broad Street J station, and the Whitehall N,R stations. $301 million allocated from federal funding;

• A future, permanent $30 million West Thames Street pedestrian bridge to cross over West Street that is currently planned.

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