Battery Park City

Battery Park City is a 92-acre (0.4 km²) planned community at the southwestern tip of lower Manhattan. The land upon which it stands was created on the Hudson River using 1.2 million cubic yards (917,000 m3) of soil and rocks excavated during the construction of the World Trade Center and certain other construction projects, as well as from sand dredged from New York Harbor off Staten Island.  The neighborhood, which is the site of the World Financial Center along with numerous housing, commercial and retail buildings, is named for adjacent Battery Park. It is bounded on the east by West Street, which depending on your viewpoint, insulates or isolates the area from the Financial District of downtown Manhattan. To the west, north and south, the area is surrounded by the tidal estuary of the Hudson River.

Today, most residents of Battery Park are upper middle class and upper class (54.0% of households have incomes over $100,000). When fully built out, the neighborhood is projected to have 14,000 residents.  The 911 attack caused some damage that forced a substantial portion of the area's residents to move permanently.  Rents are temporarily reduced and government subsidies helped restore residential occupancy in the years following the attacks. Since then, real estate development in the area has continued robustly. Commercial development includes the Goldman Sachs Group World Headquarters and other several residential projects including LEED buildings which cater to the environmentally conscious.