Gateway Plaza

345 South End Avenue | also 355 South End Avenue, 327 South End Avenue, 331 South End Avenue | Battery Park City | built 1983

Open on the map5 entries

The lot about 1940
About 1940. Via 1940s.nyc
The lot about 1985
About 1985. Via 80s.nyc

The city photographed every building for its tax records around 1940 and again in the 1980s. NYC Municipal Archives.

Written with AI from the source each entry cites, then fact-checked.

  1. 1983

    Gateway Plaza becomes Battery Park City's first residential complex

    Gateway Plaza, finished in 1983, was the first residential development in Battery Park City. The Fisher, LeFrak and Olnick families developed its six towers, which hold more than 1,700 apartments around a gated quadrangle. Many apartments look out over the Hudson River, the New Jersey Palisades and Lower Manhattan.

    Source: olnick.com

  2. 1983

    Gateway residents stage a rent strike as rents climb

    When Gateway opened, studios rented for $615, one-bedrooms for $800 and two-bedrooms for $1,200, but the rents were not covered by any formal stabilization program, and they rose right away. By 1983, residents had organized a rent strike. A lawsuit followed in 1985 as increases reached 15 to 25 percent.

    Source: tribecacitizen.com

  3. 1987

    A settlement puts every Gateway apartment under rent stabilization guidelines

    Gateway tenants sued the Battery Park City Authority and the LeFrak Organization in the mid-1980s, arguing that the Authority had to regulate rents because the complex was built with public funds under the Mitchell-Lama program. The suit was settled in 1987. Rent increases would follow the city's Rent Stabilization Guidelines, though starting rents could be whatever the market allowed.

    Source: gpta.org

  4. 2009

    June 20

    A narrower 2009 deal protects only Gateway tenants already living there

    The rent stabilization agreement was renewed in 2009 but with less reach. From 1987 to 2009 every resident was covered regardless of when they moved in. Under the new deal, only tenants living at Gateway as of June 20, 2009 kept protection, and people who moved in later were left out.

    Source: gpta.org

  5. 2020

    July 15

    The Battery Park City Authority caps rent increases at 2.5 percent for about 600 Gateway apartments

    On July 15, the Authority announced a deal with Marina Towers Associates limiting annual rent increases to 2.5 percent through June 30, 2030 for about 600 apartments. The owner's ground rent payments to the Authority rise from 8.125 percent of collected rent to 10.75 percent of effective gross income, and the date for resetting ground rent to market value moves from 2040 to 2045. The deal also requires a minimum capital investment in the complex and collects about $13 million in owed commercial real estate taxes over three years.

    Source: bpca.ny.gov

Nearby

All 22 buildings with stories in Battery Park City