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An Infusion of
Energy in Yale's Backyard
By ELEANOR CHARLES
Published In New York Times Real Estate: April 3, 2005
Downtown New Haven has been transformed over the
last five years from Yale's mundane backyard into a vibrant
neighborhood of shops, theaters and restaurants. In 1999, Mayor John
DeStefano Jr. decided to take a chance on energizing the city's
stagnant economy by capitalizing on its theaters, symphony orchestras,
art galleries, ballet company, museums and the presence and
participation of the university. But it needed new, attractive housing
and an infusion of businesses and shops.
With $30 million in seed money from the state, the
city began restoring housing stock. Developers took notice and largely
financed the more than 1,300 apartments and condominiums built downtown
to date. Some are new construction, and many are reconfigured from
office and industrial buildings, resulting in a preponderance of rental
units. Condo conversions are beginning to take place. Yale has spawned
40 biotechnology firms and invested $100 million in upgrading retail
and commercial properties adjacent to its campus. Entrepreneurs were
encouraged to do the rest.
Today, a population of more than 5,000 inhabits
the roughly 50 square blocks of downtown New Haven (excluding Yale
students and including the four-square-block New Haven Green). With
median two-bedroom condo prices at around $280,000 and median
two-bedroom rents at $995, the current catchphrase is, "If you can't
afford New York, come to New Haven."
But the newest and best condos and apartments
start in the high $300,000 range, rents start at $1,200, and prices are
being pushed higher by a vacancy rate under 5 percent and by multiple
bids.
Weekend foot traffic is heavy on Temple, Crown,
Chapel, and College Streets, with shoppers, diners, theatergoers and
museumgoers. It is possible to dine out downtown for 123 evenings
without a repeat visit at restaurants catering to the tastes of a
polyglot population.
Lauren Fikslim, an account executive for Clear
Channel Radio, took a one-bedroom apartment at 65 Dwight Street last
June after graduating from Quinnipiac University. "I love it," she
said. "There are lots of Yale grads here. It's such a friendly
community; it's a Melrose Place. The building is like a small campus,
with gardens and places to sit." She pays $950 a month for 650 square
feet.
Nelly Odenwaelder, a senior vice president at H.
Pearce Real Estate, said Ms. Fikslim is typical of the influx of young
singles, but she noted: "We're seeing foreign populations growing by
leaps and bounds. It's partly because of Yale - we have so many people
from all parts of the world either attending the university or working
for it. We're also seeing more professionals looking to live closer to
where they work and socialize, and there's a good proportion of older
people moving in."
Hank and Sharon Putsch (pronounced like Dutch)
recently sold their house on the river in Old Saybrook. "It was
beautiful but kind of boring," Mrs. Putsch said. "We really need the
energy of the city." They are both artists and arts administrators "in
our 60's and 70's," she said. "We couldn't afford New York so we came
to New Haven." They bought a two-bedroom, two-and-a-half-bath town
house at Audubon Court on Audubon Street for $290,000, "reduced from
$350,000 because it had been occupied previously by two Yale football
players," she said.
Other attractions on Audubon Street are the
Educational Center for the Arts, the Creative Arts Workshop, the New
Haven Symphony Orchestra headquarters, the Arts Council of Greater New
Haven, the New Haven Ballet and the Neighborhood Music School. The New
Haven Symphony Orchestra and a star-studded roster of musicians from
opera, the concert stage and jazz appear regularly at Yale's Woolsey
Hall and Sprague Hall.
Independent of Yale, the Shubert Theater, where
Irving Berlin and Rodgers and Hammerstein musicals of the 40's and 50's
had their tryouts, now houses Broadway shows on tour. Foreign and
independent films are shown at the York Square Cinema, and the new
five-screen Criterion shows first-run movies. There are 10 bookstores
to browse, 31 nonchain clothing stores and 14 grocers and specialty
food stores. No one seems to miss a supermarket.
Gateway Community College will be moving downtown
from Sargent Drive and North Haven, occupying two blocks on Church
Street where Malley's department store once stood and where a Macy's
store is slated for demolition. The Long Wharf regional theater will
also be moving from Sargent Drive off Interstate 95 to Orange Street,
close to the restaurant district. Completion of the two projects will
take about five years.
Some 19th and early 20th century homes are being
privately restored, reviving charming old mini-neighborhoods. Dr. Linda
Jarvin, a research psychologist at Yale, and her husband, Marco
Lubrano, both in their early 30's, lived in New Haven in 1998. "I hated
it," she said. "It was different from what I was used to. There was
nothing to do. We moved to New York although I was still working at
Yale, but New Haven really started to change, and I realized that my
quality of life would be so much better if I lived here."
Last summer they bought a four-story brownstone
row house on Court Street for $340,000, and spent $100,000 more on
renovations.
"New single-family houses are not being built and
those that are left are hard to come by," said Vincent Engingro,
owner-broker at Coldwell Banker. "Many of them have become two- and
three-family Victorians and colonials that used to sell based on the
rental income. Now buyers are paying over the asking price with
multiple bids."
Mr. Engingro is marketing new 1,400-square-foot
lofts in former industrial buildings with huge windows, open floor
plans, hardwood floors and one or two bathrooms, renting for $1,400 to
$1,600 a month.
A studio is available for $1,245 at the Eli, an
elegant conversion of the former Southern New England Telephone
Building on Church Street, where one-bedroom apartments are $1,495 and
$1,600, and three-bedrooms are $3,320. Every apartment has cherry
cabinets, 10-foot ceilings, cast-iron bathtubs and a washer and dryer.
Other apartments at the Liberty on Temple Street rent for $855 to
$1,265, and the Residence on the Green charges $1,000 to $1,750.
While downtown attracts singles and couples, there
are also families with children who can choose Timothy Dwight School, a
downtown neighborhood school for kindergarten to Grade 4, or one of the
magnet schools. Three are downtown. Of the city's 49 public schools; 20
are magnet elementary, middle or high schools, where students enroll
according to their special interests, aptitudes and ability to learn.
Thirty percent of the city's 21,000 children attend magnet schools
along with 1,200 students from 24 other towns, resulting in lots of
busing.
Each magnet school features a particular
discipline or educational philosophy, combining intensive study in the
area of choice - such as technology or leadership - combined with a
core curriculum. For all 12 high schools in the city, SAT scores of 415
verbal and 402 math are about 100 points below Connecticut and national
scores, partly because of the 50 languages spoken.
The full-time Cooperative Arts and Humanities High
School has a college preparatory academic program and advanced
placement combined with a full array of performing, literary and visual
arts. All magnet schools operate in partnership with Yale, Southern
Connecticut State University, other colleges in the area, various arts
organizations, hospitals, banks, theaters or other sources of hands-on
learning.
A number of architects, including Cesar Pelli, are
involved in the city's $1.2 billion construction and renovation program
for all public schools. Mr. Pelli was dean of the Yale School of
Architecture from 1977 to 1985, and continues to keep offices of on the
second floor of 1056 Chapel Street in downtown New Haven.
He is designing a new Cooperative Arts and
Humanities High School, a magnet school, to be relocated from Orange
Street to College Street downtown. He is better known for the Petronas
Towers in Malaysia, Canary Wharf in London and the World Financial
Center in Manhattan.
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