Harry and Peter Poulalakos, noted Lower Manhattan restaurateurs, got the O.K. to build an oyster bar, complete with “outdoor seating, event venue and [a] visitor center” on Pier A from the Battery Park City Authority today.
The deal was no doubt helped by the generous amount of public space—30,000 square feet to be exact, not Read More
The Bloomberg and Paterson administrations had much to be pleased with late last month when they reached a deal to take $861 million in Battery Park City funds, putting money toward budget gaps and affordable housing.
As for Battery Park City bondholders? They have less to applaud.
Credit ratings giant Moody’s last week put Read More
After more than a year of negotiations, the Bloomberg and Paterson administrations have finalized a deal to each take $200 million from the cash-rich Battery Park City Authority and plug holes in their budgets.
The deal, signed Monday after a Battery Park City Authority board meeting, also creates a $400 million fund intended for Read More
In the 1970’s, the prospect of filling in a corner of New York Harbor for apartment and office towers was so ambitious and poorly timed that Battery Park City nearly defaulted before it even opened. But the neighborhood has since rebounded so robustly that it has become an embarrassment of riches.
It spends more Read More
The same day ACORN’s Bertha Lewis comes out with a defense of Atlantic Yards, the Mayor announces a final plan for the $130 million Housing Trust Fund supported by the Battery Park City Authority. Lewis reiterates that Atlantic Yards will serve moderate- and middle-income folks –60 percent of its affordable rental units will go Read More
This summer, Goldman Sachs realized something that much of the rest of the city hasn’t: Four years after Sept. 11, the country’s most sought-after neighborhood for terrorists doesn’t yet have a security plan, or at least not a very comprehensive one.
And so, before Goldman resumes its efforts to build a headquarters across from the Read More
This summer, Goldman Sachs realized something that much of the rest of the city hasn’t: Four years after Sept. 11, the country’s most sought-after neighborhood for terrorists doesn’t yet have a security plan, or at least not a very comprehensive one.
And so, before Goldman resumes its efforts to build a headquarters across from the Read More
The deal for Goldman Sachs to remain in Lower Manhattan is imminent, according to sources close to the negotiations.
While it’s been treated as a done deal, the terms of that deal are still a matter of negotiation, and we’re waiting to see what comes out of it. Plus, done deals have gone south Read More
