If the lingering after effects of the recession and Manhattan’s already arduous construction environment weren’t challenging enough to builders in the city, the Department of Transportation’s annual holiday construction embargo is about take effect.
Starting tomorrow and in effect through January 2, 2012, the rules prohibit construction projects from blocking streets and walkways in various areas of the city, including 30th to 60th Streets river to river in midtown.
The transfer of the Red Hook piers from the Port Authority of New York and New Jersey to the city is still months away it seems, though the Post and the Sun on Thursday made it seem imminent.
“We anticipate that the final transfer will occur later this year,” Port Read More
The World Trade Center was not rebuilt in a day. (Credit: SPI, dbox)
The agreement approved in September that relieved Larry Silverstein of the burden of leasing up the Freedom Tower still has not been signed, but officials say they are not intentionally waiting for sign-off from the next Governor. The delay is Read More
If we are to take the latest Ground Zero proposals seriously (see below), consider this: Why is the Port Authority offering to pay more rent at the World Trade Center than it is obligated to?
The Port Authority owns the site and used to keep its headquarters in the twin towers. When they leased the Read More