Tag: Featured

Flood Risk Dampens Ardor for Lower Manhattan

Decision-makers who consider moving a business to Lower Manhattan are faced with many enticements, and one caveat, says a recent poll of more than 100 commercial property owners, brokers, agents, engineers, accountants and real estate lawyers. The survey, by accounting firm Marks Paneth, indicates that 70 percent of high-level real estate executives agree with developer...

Oratorio About an Odd Couple

An issue that may help determine the outcome of this fall’s presidential election will be interpreted in song and music tonight, when the Lower Manhattan-based Knickerbocker Chamber Orchestra (KCO) premieres, “Supreme Justice: The Battle for Gay Rights,” a new work for soprano, tenor, vocal ensemble and orchestra, which chronicles the struggle for marriage equality in...
The Knickerbocker Chamber Orchestra performs "Supreme Justice: The Battle for Gay Rights" at a private recital in February. The work will have its public premiere tonight at Pace University's Schimmel Center for the Arts.

City Taps Liberty Ferry Operator for Five-Borough Service

New York will soon be getting a city-wide network of ferries that cost no more than a subway ride, but the service will be provided by an out-of-town vendor that will likely sink the local competition, City officials announced Wednesday. During a press conference yesterday, New York Water Taxi boats floated up to Pier 11,...
Mayor Bill de Blasio on Pier 15 awarded Hornblower Cruises of San Francisco the contract to operate city-wide ferry system to launch in summer of 2017.

Downtown Alliance Tells Security Personnel to Take a Hike

The Downtown Alliance, a nonprofit organization that strives to improve quality of life in Lower Manhattan, is boosting the pay for its uniformed security officers (and other employees) to a minimum of $15 per hour. This comes at a moment when another Lower Manhattan institution, the Battery Park City Authority (BPCA) has effectively slashed compensation...

Contractual Obligations

The Battery Park City Authority (BPCA) has doubled the dollar value of contracts that requires approval from its directors, but the board rejected a request by the Authority’s management team to increase this threshold, in some cases, to more than three times its original amount. At the January 27 meeting of the Authority’s board, BPCA...

Vocation and Visitation

The Downtown Alliance’s annual real estate review indicates that the year just ended was remarkable in two respects: more people now work in the square mile at the bottom of Manhattan than at any time since the terrorist attacks of September 11, 2001, and more people visited here than ever before. The jobs numbers show...
Numbing Numbers: 60,000 residents, 53,000 students, 230,000 workers and 14 million tourists all competed for sidewalk space in Lower Manhattan in 2015, according to a new report from the Downtown Alliance.