Monday, December 9, 2024 11:06PMCHINATOWN, Manhattan --"People have had weddings here. People have had funerals, bar mitzvahs, get-togethers, happy occasions, sad occasions to us as a family," said James Tang, Owner of Hwa Yuan.
They fear that their clientele, tourists, and people who travel from other parts of the city will avoid coming into the congestion relief zone south of 60th Street. The group has filed a class action lawsuit, saying the plan fails to take into account the negative economic and environmental impacts on neighborhoods on the Lower East Side."Right now, the vacancy rate in New York is 11% in Manhattan is at 14%. Chinatown is that 20%," Lee said. "And you look at the top 20 neighborhoods with the highest vacancy rates, ten of them are in the central business district. Five of them are in Lower Manhattan.