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LMDC to pump $50M settlement into parks
05
Governor Andrew M. Cuomo announced that the Lower Manhattan Development Corporation will fund 14 key projects through a $50 million legal settlement with
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Class C a sweetspot for downtown rents
05
The well documented demand for commercial space throughout all of Manhattan has allowed areas such as downtown to see significant increases in value.
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Rudin announces two leases at One Battery Park Plaza
05
The Rudin Family, together with their partner, investment advisor and asset manager Allianz Real Estate of America, announced that two companies have signed
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First look at plan to protect Manhattan Battery from rising sea levels
06
Stantec has released concept design renderings for the $129 million Battery Coastal Resilience Project in Lower Manhattan.  Stantec is serving as
Deals & Dealmakers
Downtown report finds COVID impact worse than 9/11 or financial crisis
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Ninety percent of workers from New York’s financial heart are still operating from home. Nearly half of Lower Manhattan’s population has left, and three
Deals & Dealmakers
Downtown report finds COVID impact worse than 9/11, finance crisis combined
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Ninety percent of workers from New York’s financial heart are still operating from home. Nearly half of Lower Manhattan’s population has left, and three
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Silverstein, Durst celebrate Lower Manhattan milestone
05
Private-sector employment in Lower Manhattan has swelled to 251,224 employees, rebounding beyond pre-9/11 levels, according to the Alliance for Downtown
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Health, fitness co-working firm Primary adds second floor at FiDi office tower
05
Primary, an upstart co-working company that focuses on health and fitness, is adding a second floor to its operation inside 26 Broadway.
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Midtown West, Long Island City, Brooklyn, FiDi headline NYC’s Amazon bids
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New York City offered four resurgent districts in Manhattan, Brooklyn and Queens to Amazon as potential locations for its second headquarters.
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Chin, Brewer attempt to block Two Bridges towers with zoning amendment
05
Two Manhattan politicians are looking to block the construction of several waterfront skyscrapers in the borough’s Two Bridges neighborhood.
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New downtown is a testament to this great city’s resolve
05
By REBNY President John Banks Fifteen years later, Lower Manhattan is a stronger and far more vibrant place today that it was before the attacks of September 11th, 2001.
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Resnick, Ruben close on $100M refi’ of 52 Broadway
06
Jack Resnick & Sons, along with its joint venture partner, The Ruben Companies, announced the closing of a $100 million refinancing of 52 Broadway