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A new report from State Comptroller Tom DiNapoli documents how far Lower Manhattan has come in recovering from the terrorist attacks of September 11, 2001, and also how far the area has yet to go. The report, “The Transformation of Lower Manhattan’s Economy” adds detail and context to some insights that are already evident, but...
Of late, the South Street Seaport Museum has felt like a parent suffering through empty-nest syndrome, or at least “empty-dock syndrome.” During the summer, one of its children, the four-masted sailing vessel Peking, left for good, on its way to a new home in Hamburg’s German Port Museum. The other beloved child, the full-rigged ship...
On September 11, thousands gathered at Ground Zero to honor those killed fifteen years earlier when commercial airliners were repurposed into deadly missiles, striking a blow at an iconic symbol of capitalism by targeting prominent buildings in New York’s Financial District. On September 16, tens of thousands walk down Wall Street unaware that nearly a...
The Presumed Target: Apparently believing that big things come in small packages, J. P. Morgan & Company settled into its new headquarters at the corner of Wall and Broad Streets in 1913. Occupying an unidentified, unadorned four-story stone building in a growing neighborhood of steel-frame corporate skyscrapers, the firm saw no need for extra notoriety or additional rent.
The pedestrian bridge planned for West Thames Street, currently seven years behind schedule, is now slated to begin construction before the end of this year, but its estimated cost has almost doubled in nine months and nearly tripled since the previous opening date of 2009. The project’s planners hope to save money, however, by demolishing...
An artist's rendering of the proposed West Thames pedestrian bridge, which is slated to begin construction before the end of this year, with a projected completion date of early 2018.
Financial District resident Yuh-Line Niou has won the primary race to determine which of six candidates would get the Democratic Party nomination to represent Lower Manhattan’s 65th Assembly district in Albany for the next two years. Although the general election is in November, the heavily “blue” landscape of Lower Manhattan makes the nomination of the...
Gigi Li believes that leadership consists of listening, as much as talking. “Smart plans are voter-informed and voter-driven,” she says. “Most of my agenda has come from speaking to constituents on the street and at their doors.” As an example, Ms. Li cites her plan to reform the Battery Park City Authority — with at...
