The places mentioned in the text of the puzzle are all located at street intersections in Manhattan. Each of the street name pairs for these intersections has only one letter in common. The intersections are:
W - White & broadWay - Access Theater
A - cedAr & williAm - Koyzina Kafe
L - canaL & eLdridge - Cup and Saucer Luncheonette
D - granD & luDlow - Ideal Hosiery
E - allEn & broomE - Lolita Bar
N - hudsoN & kiNg - Torres Chocolate Haven
The letters in common for each pair form the answer: WALDEN.
2006 MIT Mystery Hunt