Keep building: A South Street Seaport development makes sense ...Middle East

On the parcel of land at 250 Water St., just inside the western boundary of the South Street Seaport Historic district, there was once a five-story thermometer factory. The climate changed, so to speak, and it and other buildings were long ago demolished. For the past 60 years, the land there has been vacant or a parking lot, currently the largest empty space in any of New York City’s 149 historic districts and extensions.

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