Sheldon Silver, the onetime Speaker of the State Assembly and the longtime patron and defender of Lower Manhattan, was convicted by a federal jury on Monday afternoon of seven counts of extortion, money laundering, and honest services fraud. Although an appeal of the verdict is likely, Mr. Silver now faces up to 130 years in prison.In the...
The New Amsterdam Market was founded in 2005 by Robert LaValva, in the vaulted, open-air arcade beneath the Municipal Building. But his creation soon moved to the site of the old Fulton Fish Market, within the South Street Seaport neighborhood. There, Mr. LaValva soon gained prominence as a leader in the fight to preserve the...
A company that had a de facto monopoly on tour bus service in Manhattan has agreed to pay a $7.5 million fine, and give up permits for 50 of its stops, including eight in Lower Manhattan. The company, Twin America, is largely unknown to Manhattan residents, because it is a partnership formed in 2009 by...
Trinity Church continued its ongoing experiment with radically inclusive dialog about the structure it plans to build at 74 Trinity Place, with a community meeting last Saturday. Held at St. Paul’s Chapel, the four-hour session drew more than 70 area residents, who contributed ideas about how the new building can serve the Lower Manhattan community....
The Old Seaport Alliance, an association that represents businesses within the historic South Street Seaport neighborhood has named Sara Williams (owner of Fresh Salt at 146 Beekman Street) and Enrico Ciotti (owner of the soon-to-debut VBar Seaport, on Front Street) as co-chairs of its board of directors. Ms. Williams and Mr. Ciotti are succeeding the...
A coordinated push by Community Board 1 (CB1), elected officials representing Lower Manhattan, and the Downtown Alliance has resulted in the allocation of a total of $14.75 million in new funds to help Lower Manhattan plan for and prepare for future extreme weather events, particularly floods. This allocation includes $6.75 million from the City and...