Buildings have been renovated, there are plans to make over the black and putrid river, upscale tenants are being encouraged to open up shops and security has been beefed up.
Dakota Access pipeline protesters set for 'last stand' on banks of Missouri river A pro-tenant group says a landlord who has a seat in Oakland's housing cabinet is also the top evictor in the city, where a housing shortage has reached crisis levels.
And for millions of smaller-scale landowners, tenant farmers and river fishermen, the losses of land and the water shortages caused by water diversions upstream have been even more devastating.
To help lure tenants from across the river, he has given a half-dozen arts groups a total of 100,000 square feet of free space.
Before the groundbreaking ceremony for the NeoLofts, the project north of the Flagler Street drawbridge, the developers draped tarps over a cache of lobster traps and derelict buildings, lest potential tenants notice that the river is not exactly Greenwich Village.
Head next door to Taiga Space (20 Palace Embankment) 6, a former mansion on the banks of the Neva river that has been renovated by its tenants and transformed into a creative space with workshops, design studios and cafes.
New tenants have also set up shop across the river at Oxbow Public Market, which opened in 2007, leading the way for the riverfront's food revival.
And the remaining fringes of Manhattan are expected to be renovated for tenants who cannot overcome a reluctance to cross a river.
Some of his tenants represent still other interests in the salmon-river-energy nexus.
If the landlord raises the rent, he says, prospective tenants "will take that subsidy somewhere else or go across the river".
Yet he admitted that tenants of Ms. Magalhaes's building, known as Le Lignon, after a river in nearby France, praised their apartments as large and bright, with splendid views and many conveniences.
