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The Lower Manhattan Development Corporation was formed in November 2001 by then-Governor George Pataki and then-Mayor Rudolph Giuliani. [2] The LMDC is a joint State-City corporation governed by a 16-member Board of Directors, half appointed by the Governor of New York and half by the Mayor of New York. As a result, Pataki and Giuliani ...
The World Trade Center Site Memorial Competition was an open, international memorial contest, initiated by the Lower Manhattan Development Corporation (LMDC) according to the specifications of the architect Daniel Libeskind, to design a memorial for the World Trade Center site (later renamed the National September 11 Memorial & Museum) at the under-construction World Trade Center in New York City.
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
Established in 1978 in the wake of Local Law 45 of 1976, the Department is the largest municipal developer of affordable housing in the United States.HPD is currently in the midst of New York City Mayor Bill de Blasio's Housing New York initiative to create and preserve 300,000 units of affordable housing by 2026.
Southbridge Towers. Southbridge Towers is a big housing cooperative development located in the Civic Center neighborhood of Lower Manhattan, New York City.The complex was built between 1961 and 1971 by Tishman Realty & Construction as a subsidized co-op under the Mitchell-Lama housing program.
The New York State Housing Finance Agency (HFA) is a New York State public-benefit corporation created in 1960 to increase the supply of rental housing for low-income people by issuing bonds and providing low-interest mortgage loans to regulated housing companies.
On June 11, 2021, it was dedicated as the Robert F. Douglass Bridge. Its namesake, who died in 2016, was an early advocate for lower Manhattan as a senior advisor to Governor Nelson Rockefeller and later as a founding member and chairman of the Downtown Alliance and board member of the Lower Manhattan Development Corporation. [121]
5 World Trade Center (5 WTC; also referred to as 130 Liberty Street) [2] is a planned skyscraper at the World Trade Center in Lower Manhattan, New York City.The site is across Liberty Street, to the south of the main 16-acre (6.5 ha) World Trade Center site.