Although the location was generally considered to fall in the Lower East Side, it has come to be thought of as part of Chinatown in recent years and the majority of residents are Chinese.
Because the average rental before construction of the development had been about $5 a room, Knickerbocker Village no longer served the same low-income families that had lived in the "Lung Block" housing.
[citation needed] Due to French's poor actions as a landlord, the complex became known for its tenant organizing activities and creation of some of the first landlord-tenant laws and the current rent control regulations.
The property suffered severe damage from Hurricane Sandy in 2012 and ultimately received significant funds from the city's "Build it Back" program.
[9] A tax break in 2019 put an end to a five year fight to prevent a significant rent increase that would have made the property unaffordable to most tenants.