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Lower Manhattan Development Corporation

Recent Headlines
Downtown »

Lower Manhattan Gets $150 Million Federal Windfall for Downtown Projects

The Lower Manhattan Development Corporation hopes to fund more than a dozen projects with the federal funds.

Downtown »

Con Ed Gets Some 9/11 Rebuilding Money, May Still Raise Rates

A deal approved Wednesday gives utility companies $119 million and the downtown community $150 million.

Downtown »

Deutsche Bank Crane Blocks Entrance to New Hotel

The World Center Hotel is offering guests free drinks to make up for the inconvenience caused by the crane.

Downtown »

Struggling Downtown Nonprofits Will Receive $17 Million in Grants

The Lower Manhattan Development Corp. will distribute the money as soon as the end of the year.

Downtown »

Con Ed Faces Off With Downtown Community Over Post-9/11 Funds

Con Ed officials said they would increase rates if they do not get the money.

Downtown »

Con Ed Loses Battle for $200 Million 9/11 Fund, $50 Electricity Hikes Possible

Con Edison customers may have to pay $50 apiece to reimburse the utility for work done after 9/11.

Downtown »

Louise Nevelson's Sculptures Return to Renovated Plaza That Bears Her Name

The sculptures of renowned New York artist Louise Nevelson are back in time for revamped plaza's reopening.

Downtown »

Grant Program Expands to Help Downtown Businesses Survive Construction

The Lower Manhattan Development Corp. added $1 million to the program and extended it through 2015.

East Village & Lower East Side »

Chinatown Groups Worry City Will Exert Too Much Power in Rezoning Push

Organizations within the Chinatown Working Group worry that the city will have too much say in a rezoning plan.

Downtown »

New Crossing Guards Arrive on West Street in Lower Manhattan

The guards are posted at intersections along West Street to help pedestrians cross eight lanes of traffic.

Downtown »

New Details Emerge About the History of the World Trade Center Boat

New images and details are uncovered about the World Trade Center boat, which dates to the city's early days.

Manhattan »

Con Edison Made to Share $200 Million it Wanted From 9/11 Fund With Housing, Cultural Groups

Federal money once allocated for utilities such as ConEdison will now be open for other uses, including arts and education.

Manhattan »

Crossing Guards To Help Adults Cross Perilous West Street

The guards will be posted at Warren, Murray and Albany Streets starting as soon as Aug. 2.

Downtown »

18th-Century Boat to Leave World Trade Center in Pieces Monday

Archaeologists at Ground Zero will begin taking the 18th-century boat found on the site apart on Monday.

Manhattan »

New Yorkers Face $50 Con Ed Rate Hike if Post-9/11 Money Goes to Community Groups

Con Ed could add $50 to New Yorkers' bills if they don't get post-9/11 money.

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