A stream flowed north out of the Collect pond and then west through a salt marsh to the Hudson River.Lispenard’s Meadows, now part of Tribeca, was once a marshland in the early 18th century. City alderman Anthony Rutgers drained it after acquiring the land in 1730. After being drained, The area was mostly unusable marshland. Leonard Lispenard incorporated the meadow into his farm, and streets like Lispenard and Leonard Street were later named after his family. The area, with creeks draining from Collect Pond, was slowly transformed as New York expanded northward.