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Downtown in the News Archives Printer Friendly Version

September 13th - September 10th, 2010

Bloomberg Promises Complete Memorial for 2011

September 7 – The Mayor reiterated that the Memorial Plaza will be completed by next year’s anniversary, according to Crain’s. Meanwhile, two of the 70 foot steel tridents taken from the rubble of the original WTC North Tower were installed on the site.

Major Telecommunications Renews John Street Lease

September 7 – Renewing its lease for over 35,000 square feet on two levels of the building is IDB, the nation’s fourth largest international long-distance carrier. Real Estate Weekly reports 90 John Street attracted the company with a renovated lobby, in-house parking garage and large floor loads.

Focus on Rebuilding 9th Anniversary Approaches

September 7 – At a press conference on the 10th floor of WTC 7, high above the site, Mayor Bloomberg said, “New York has deserved to see this hole in the heart of our city filled.” Speaker after speaker pointed to the dramatic transformation taking place at the WTC site. Several milestones have been reached; 1 WTC has reached 36 stories, the twin waterfalls for the Memorial are structurally complete, the underground museum is taking shape and the Transit Hub is expected to be finished in 2014.

More Assistance for Downtown Businesses

September 8 – The Lower Manhattan Development Corporation (LMDC) approved additional financial support for businesses that are suffering because of construction. An extra $1 million was added to the Small Firm Assistance Program, a move that could help 130 businesses. More than 150 have received $3.1 million in assistance so far.

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