The demolition of the ill-fated tower may take even longer than expected. And then there’s lawsuits. Read More
Just off a smoke incident (there’s been a lot of these lately), the former Deutsche Bank building damaged in the 9/11 attacks faces further costs in the ever-ongoing attempt to deconstruct the tower.
On Thursday, the agency handling the job, the Lower Manhattan Development Corporation, is planning for its board to Read More
The tower is on pace to be down by January 2010, three months later than the last schedule. Read More
Another delay hit the deconstruction of the former Deutsche Bank building, as a power distribution box caught fire. Read More
Mayor Bloomberg, according to his prepared remarks (PDF) for his annual State of the City this afternoon, is calling for a laundry list of government initiatives meant to bolster the local economy and create jobs.
Among the steps the mayor plans to highlight are a rezoning of the Flatbush neighborhood in Brooklyn; Read More
Avi Schick, the prosecutor-turned-development official who has served as downstate president of the Empire State Development Corporation for the past two years, will leave his job this week. Mr. Schick emailed a letter on Monday evening to colleagues announcing his departure (a copy of the letter is below).
Mr. Schick’s departure comes more than seven Read More
Assembly Speaker Sheldon Silver, a powerful voice in the redevelopment of downtown, wants the Lower Manhattan Development Corporation to stay in business, according to his spokesman.
That puts him at odds with Mayor Bloomberg, who today called in an op-ed for Governor Paterson to disband the agency, which has divvied up much Read More
Governor Paterson put out a statement responding to Mayor Bloomberg’s Wall Street Journal op-ed today, which called for the dissolution of the state-run Lower Manhattan Development Corporation.
Absent from the governor’s 204-word statement: any mention of the LMDC.
Saying that he looks forward to a report on the World Trade Center redevelopment later Read More
Mayor Bloomberg called today for the dismantling of the Lower Manhattan Development Corporation, the state’s main agency involved in downtown redevelopment, advocating in a Wall Street Journal op-ed that Governor Paterson "hand over its development responsibilities to the city."
From the op-ed:
The LMDC would also turn over its responsibility for demolishing the Read More
The ever-troubled Deutsche Bank building at Ground Zero seems to be moving a bit closer to deconstruction, as the state announced today that it has approved an abatement plan for the tower at 130 Liberty Street.
After a fire at the building killed two firefighters this summer, the deconstruction of the damaged Read More