updated Sat. September 28, 2024
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Bisnow
February 19, 2018
The Port Authority of New York & New Jersey and the Lower Manhattan Development Corp. reached an agreement that will allow the Ronald O. Perelman Performing Arts Center to move forward. The center at the World Trade Center has been in the works for more than 10 years, but a dispute between theÃâà...
Bowery Boogie
December 14, 2017
Revival is owed to the additional federal funding via the Lower Manhattan Development Corp. that helped resucitate the anemic undertaking at a cost of roughly $14 million. (Original completion date was 2016.) That all changed with recent implementation of the first phase of the project, now in two parts.
Tribeca Trib
October 3, 2017
Money for the project, of which $3 million remains available for construction, is federal post-9/11 funds channeled through the Lower Manhattan Development Corp. Acknowledging the addition of new schools and more families in the area since the plan was introduced, Parks officials appeared open toÃâà...
Tribeca Trib
September 30, 2017
The theater bought the building in 2010 and raised most of the move's $25 million cost through private donations, grants from the city, and from the federal government through the Lower Manhattan Development Corp. Two million dollars remains to be raised, Ostrow said. Previously housing a collectionsÃâà...
Tribeca Trib
August 22, 2017
Left: At an emergency Community Board 1 meeting later in August, Sally Regenhard of the Skyscraper Safety Campaign tells Lower Manhattan Development Corp. Chairman Avi Schick, left, that officials “failed” at their jobs to oversee the building's deconstruction. Right: Catherine McVay Hughes, at theÃâà...
The Lo-Down
June 29, 2017
Chuck Schumer successfully advocated for $28 million from the Lower Manhattan Development Corp. for Pier 42. Construction was supposed to begin early this year. Now responsibility for the project has shifted from the Parks Dept. to the EDC. City officials will appear before Community Board 3's parksÃâà...
The Lo-Down
June 2, 2017
Chuck Schumer to push for funding from the Lower Manhattan Development Corp. Since that time, $28 million has been allocated. The money will be used to tear down the old storage shed on the pier and establish an interim park. The grand plan for this area will require at least $70 million more from city,Ãâà...
The Real Deal Magazine
March 28, 2017
Squabbles between the Port Authority of New York and New Jersey and the Lower Manhattan Development Corp. could threaten federal funding to the performing arts center planned for the World Trade Center. Officials are concerned that various delays could imperil roughly $150 million — what remainsÃâà...
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