$52m for sports.Governor George E. Pataki and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Mayor Michael R. Bloomberg announced preliminary approval of $52 million in Liberty Bonds to bring the National Sports Museum The National Sports Museum (NSM), expected to open in April 2008, is dedicated to the history and cultural significance of all sports. The museum will be located in Lower Manhattan at 26 Broadway (at Bowling Green) New York, NY 10004. to the Liberty Zone. The project will bring the first interactive museum dedicated to the history and importance of sports to lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North . No other such venue exists in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . It is estimated the project will create approximately 755 construction and indirect jobs, and when complete, the museum and restaurant will create 194 full-time jobs. "The National Sports Museum will be a great addition to lower Manhattan and provide a significant boost in our continuing efforts to create new jobs and rebuild the economy downtown," Governor Pataki said. "The new Museum will not only bring 194 new jobs downtown, it will attract thousands of sports enthusiasts from across the nation who will want to experience and learn more about the history, of sports in this unique venue." Spending by visitors to the museum, estimated at nearly $40 million, is expected to result in creation of an additional 685 jobs. The museum, catering and restaurant operations and visitor spending wall generate $73 million in economic activity throughout New York City, along with 1,020 full-time-equivalent jobs. This economic activity will generate a one-time increase in State and City taxes of $3 million from construction and more than $4 million from ongoing operations. The National Sports Museum--the country's first--will open summer 2006 in the "Canyon of Heroes The Canyon of Heroes is a colloquialism referring to a section of New York City's lower Broadway and the Financial District that is the historic location of the city's ticker-tape parades. The traditional route of the parade is northward from Bowling Green to City Hall Park. " in lower Manhattan. The interactive venue will be housed in 80,000 s/f of exhibition space on lower Broadway at Bowling Green--steps from the Statue of Liberty Statue of Liberty great symbolic structure in New York harbor. [Am. Hist.: Jameson, 284] See : America Statue of Liberty perhaps the most famous monument to independence. [Am. Hist.: Jameson, 284] See : Freedom ferry. |
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