21-510: The Metropolitan Savings Bank Building opened on May 30, 1867, at the northeast corner of Third Avenue and East 7th Street , in Manhattan , New York City . Its original address was 10 Cooper Institute (now 61 Cooper Square ). The building, which was designed by architect Carl Pfeiffer in Second Empire style, is four stories high, 45 feet (14 m) wide and 75 feet (23 m) deep, and
42-521: A New York City Landmark in 1969, and was added to the National Register of Historic Place in 1979. The main hall was 53.5 feet (16.3 m) in length, and 36.83 feet (11.23 m) wide. Its height was 17.33 feet (5.28 m). Its acoustic properties were excellent. Black walnut was used inside for building desks, chairs, and stairways. The office furniture evoked a simple design and reflected excellent taste The President's room, located behind
63-534: A large Grand Union Station was proposed near the now-closed 138th Street station , half a mile from the Hub, which would have been served by many of the railroads entering Manhattan at the time. However, this was never built. The 149th Street station on the IRT Third Avenue Line operated from 1887 to 1973. The confluence of the since-demolished IRT Third Avenue Line and IRT White Plains Road Line contributed to
84-462: A miniature Times Square , a spatial "bow-tie" created by the geometry of the street intersections. It is a primary shopping district for Bronx residents, and many new hip hop trends can be found in the Hub long before they spread to the rest of New York City and the world. The area is part of Bronx Community Board 1 . The Hub is the oldest major shopping locale in the Bronx. Between 1900 and 1930,
105-457: A national symbol of urban decay , the South Bronx is now home to several new construction projects that are rebuilding neighborhoods that have seen little new construction in half a century. On March 14, 2006, Mayor Michael Bloomberg and other elected officials took part in the symbolic groundbreaking ceremony for the new "Hub Retail and Office Center". After a year and a half of construction,
126-590: Is a major commercial center for the South Bronx , New York . It is located where four roads converge: East 149th Street, Willis Avenue, Melrose Avenue, and Third Avenues. It is primarily located inside the neighborhood of Melrose but also lines the northern border of Mott Haven . The Hub, short for "the Hub of the Bronx," has also been called "the Broadway of the Bronx". It is the site of both maximum traffic and architectural density. In configuration, it resembles
147-712: Is a north-south thoroughfare on the East Side of the New York City borough of Manhattan , as well as in the center portion of the Bronx . Its southern end is at Astor Place and St. Mark's Place . It transitions into Cooper Square , and further south, the Bowery , Chatham Square , and Park Row . The Manhattan side ends at East 128th Street . Third Avenue is two-way from Cooper Square to 24th Street , but carries only northbound (uptown) traffic while in Manhattan above 24th Street; in
168-653: Is covered by the Third and Lexington (or Amsterdam) Avenues buses , which are the M103 , running it south of East 126th Street but terminating at East 125th Street, and the M101 and M102 , running it from Astor Place to Dr. Martin Luther King Jr. Boulevard and East 116th Street, respectively. The M98 Limited also joins in north of East 65th Street, originates service at East 67th Street, and continues until East 127th Street. Where Third Avenue
189-574: Is one of the four streets that form The Hub , a site of both maximum traffic and architectural density in the South Bronx . Third Avenue was unpaved like most urban streets until the late 19th century. In May 1861, according to a letter to the editor of The New York Times , the street was the scene of practice marching for the poorly equipped troops in the 7th New York Volunteer Infantry Regiment : "The men were not in uniform, but very poorly dressed, — in many cases with flip-flap shoes. The business-like air with which they marched rapidly through
210-540: Is one-way uptown, downtown buses use the parallel Lexington Avenue. Several bus routes also run on Third Avenue in the Bronx: The Manhattanville-bound M125 runs on three portions: from Westchester to Willis Avenues, from East 138th to East 137th Streets, and from Lincoln Avenue in the Bronx to East 128th Street in Manhattan, via the Third Avenue Bridge . Third Avenue was the location of
231-642: The Third Avenue Railroad , a horsecar line established in 1853 that evolved into one of the most extensive streetcar systems in Manhattan, the Bronx, and Westchester County. Later, it was served by the Third Avenue elevated line, which operated from 1878 until 1955 in Manhattan and 1973 in the Bronx. The Bx55 replaced the Third Avenue Line in the Bronx in 1973. When the El was being torn down in Manhattan, there
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#1733086133581252-594: The Bronx , it is again two-way. However, the Third Avenue Bridge carries vehicular traffic in the opposite direction, allowing only southbound vehicular traffic, rendering the avenue essentially non-continuous to motor vehicles between the boroughs. The street leaves Manhattan and continues into the Bronx across the Harlem River over the Third Avenue Bridge north of East 129th Street to East Fordham Road at Fordham Center, where it intersects with U.S. 1 . It
273-723: The Hub Retail and Office Center opened in the middle of 2007. As a result, the Hub's district is extended to East 156th Street in Melrose . Shopping traffic in the Hub is generated via foot, car, and public transportation. Sidewalks in the Hub are often crowded. Merchants hawk their wares by calling out to the crowd or passing out small handbills . Music stores offer a wide selection of hip-hop , reggae , gospel , and Latin music . Craft stores have knitting and sewing supplies. Local mom-and-pop stores compete with major retail chain stores. A new complex with mixed-use office and retail space named
294-614: The Triangle Plaza Hub opened in the summer of 2016. The Hub, located at the junction of four major thoroughfares, is well served by public transport. The following MTA Regional Bus Operations bus routes serve the Hub: The following New York City Subway stations serve the Hub: The Hub does not have a nearby Metro-North Railroad station, but the Melrose station is a few blocks north at 162nd Street and Park Avenue . In 1902
315-542: The banking house proper, was less spacious, as offices were given the maximum space. Another feature of the interior was its immense safe . The fireproof construction of the Metropolitan Savings Bank enabled the rapid renting of any free space not used by the bank. The basement and cellar beneath it was leased for ten years to the Stuyvesant Safe Deposit Company. The floor just above the bank
336-460: The deep mud of Third Avenue was the more remarkable." On July 17, 1960, the section of Third Avenue in Manhattan north of 24th Street was converted into a one-way road. Starting in July 2023, a bus lane and a protected bike lane were installed on Third Avenue between 59th and 96th Streets, and that section of the avenue was narrowed from five to three vehicular travel lanes. In Manhattan, Third Avenue
357-510: The number of Bronx residents increased from 201,000 to 1,265,000. Inhabitants throughout the borough shopped in department stores and boutiques at 149th Street and 3rd Avenue, an area that came to be known in this time as "the Hub". In the 1930s the Hub had movie palaces and vaudeville theaters. These included the Bronx Opera House , which today operates as a boutique hotel, and the former Jackson Theatre. A few decades after it became
378-696: Was a movement to rename the whole of Third Avenue in Manhattan "the Bouwerie" (but not the portion in the Bronx). However, it had never been part of the Bowery . Today, the Third Avenue – 149th Street station ( 2 and 5 trains) and Third Avenue – 138th Street station ( 6 and <6> trains) are served by the New York City Subway . In Manhattan, several crosstown subway routes have entrances on Third Avenue: Notes Bibliography The Hub, Bronx The Hub
399-662: Was chartered in New York in 1852. In 1935 the bank moved its headquarters from Cooper Square to 754 Broadway. In 1942, it merged with the Manhattan Savings Institution (founded 1852) and the Citizens Savings Bank to form the Manhattan Savings Bank. In 1990, Edmund Safra's Republic National Bank bought the Manhattan Savings Bank, and was in turn purchased by HSBC in 1999. The building was designated
420-421: Was considered at the time it opened to be one of the most finely constructed edifices, "from garret to basement." Its facades were composed of white marble , with the upper floor being enclosed by a mansard roof . The building was fireproof , as no combustible materials were used during construction, either internally or externally. The entire cost of the structure was $ 150,000. The Metropolitan Savings Bank
441-712: Was leased by the United States Assessor of Internal Revenue. The third floor, unlet when the building first opened, was rented for a decade by the Eastern Star Lodge of Freemasons . In 1937, the building was sold to the First Ukrainian Assembly of God, and it has been used since that time as a church, most recently by the First Ukrainian Evangelical Pentecostal Church. Notes Third Avenue Third Avenue
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