A Room of Their Own for 2-Wheeled Commuters
By TOM ACITELLI
Published: November 15, 2011
Creating a bicycle room for tenants at 345 Hudson Street turned out to be a good fit. The blocklong building in the quiet streets of northern TriBeCa has a low carbon footprint, and many employees of businesses there, like Penguin Putnam, Starbucks and CBS Radio, were already biking to work. And there was an unused storage space off Charlton Street, adjacent to a loading dock and with access to the lobby.
“It’s a few hundred square feet, and it’s always packed,” said Alfonse Amore, vice president for property management for the building’s landlord, Trinity Real Estate. “We have 35, 40 bicycles there a day.”
Trinity opened the bike room in August 2008 at a cost of about $30,000 for lighting, a paint job, a new front door and, of course, bike racks (10, at $2,500 each). That does not include the forfeited rent from leasing it as storage space. In Manhattan, such rent can run from the low teens a square foot annually to $30, depending on the neighborhood and the demand.