The Lower Manhattan Development Corporation hopes to fund more than a dozen projects with the federal funds.
A deal approved Wednesday gives utility companies $119 million and the downtown community $150 million.
The World Center Hotel is offering guests free drinks to make up for the inconvenience caused by the crane.
The Lower Manhattan Development Corp. will distribute the money as soon as the end of the year.
Con Ed officials said they would increase rates if they do not get the money.
Con Edison customers may have to pay $50 apiece to reimburse the utility for work done after 9/11.
The sculptures of renowned New York artist Louise Nevelson are back in time for revamped plaza's reopening.
The Lower Manhattan Development Corp. added $1 million to the program and extended it through 2015.
Organizations within the Chinatown Working Group worry that the city will have too much say in a rezoning plan.
The guards are posted at intersections along West Street to help pedestrians cross eight lanes of traffic.
New images and details are uncovered about the World Trade Center boat, which dates to the city's early days.
Federal money once allocated for utilities such as ConEdison will now be open for other uses, including arts and education.
The guards will be posted at Warren, Murray and Albany Streets starting as soon as Aug. 2.
Archaeologists at Ground Zero will begin taking the 18th-century boat found on the site apart on Monday.
Con Ed could add $50 to New Yorkers' bills if they don't get post-9/11 money.
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