How the Alliance Turned Stone Street Into One of the Most Exciting Blocks in NYC

04/28/2025 in
How the Alliance Turned Stone Street Into One of the Most Exciting Blocks in NYC

It’s our 30th anniversary, and we’re self-celebrating. Over the next few months, we’ll be rolling out 30 stories about 30 of our biggest accomplishments, including everything from our daily public safety and sanitation work, to our small business outreach, to how we helped the neighborhood navigate challenges and even tragedies. You’ll be able to find these stories on our website, as well as in our weekly newsletter, which you can subscribe to here

Today, Stone Street is one of Lower Manhattan’s hottest hangouts, but it hasn’t always been this way. One of the first paved streets in the “New World,” Stone Street was a thriving mercantile center (and home to some of the city’s first breweries!) in New York’s earliest days. But businesses started leaving Stone Street in the 1900s, and by the 1970s, the area had fallen into disrepair. Still, the Downtown Alliance saw its potential, and in 1996, we began a revitalization project that transformed the empty storefronts into some of the neighborhood’s most successful and bustling dining destinations.

We partnered with the Landmarks Preservation Commission to designate Stone Street as a historic district, a move that allowed the Commission to apply for federal funds to restore the street. We also teamed up with the city’s Department of Transportation and Department of Design and Construction to bring Stone Street back to life. The project, designed by Beyer Blender Belle Architects, set the stage for new commercial development while preserving Stone Street’s historic feel.

The Downtown Alliance coordinated the Stone Street reconstruction: The city installed a new street bed, lined with cobblestones duplicating the street’s original paving and also laid new bluestone sidewalks and a granite curb. Old-style lighting fixtures were also installed for outdoor diners to enjoy in the evenings. The revitalization project was completed in 2000; in the years since, Stone Street has maintained its charming historic character while reinventing itself as Lower Manhattan’s new “restaurant row” and festival epicenter, known for hosting popular St. Patrick’s Day and Oktoberfest celebrations. Slainte/skol

Tags: stone street

Related articles

How ADNY Makes Lower Manhattan a Perfect Place for Tourists
How ADNY Makes Lower Manhattan a Perfect Place for Tourists

One of our goals as an organization is to make Lower Manhattan known as a premiere destination far and wide.

 Wall Street Isn’t Just Wall Street Anymore
 Wall Street Isn’t Just Wall Street Anymore

Over the last two-plus decades, Lower Manhattan has seen a significant transformation in its economic landscape.

Downtown for WITS (or Anything Else)? Scope Out These Partnering Businesses
Downtown for WITS (or Anything Else)? Scope Out These Partnering Businesses

These WITS partners have generously worked to make sure WITS attendees have the time of their lives in Lower Manhattan.