Bloomberg taking more control of downtown redevelopment.Mayor Michael Bloomberg Michael Rubens Bloomberg (born 14 February 1942) is an American businessman, and the founder of Bloomberg L.P., currently serving as the Mayor of New York City. He was a general partner at Salomon Brothers before founding the financial software service company in 1981. will have more control than previously thought over the 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 Development Corporation, the subsidiary of the Empire State development Corporation charged with overseeing the rebuilding of downtown. The announcement came during a joint press conference at City Hall with Governor George Pataki George Elmer Pataki (born June 24, 1945) is an American politician who was the 57th Governor of New York serving from January 1995 until January 1, 2007. He is a member of the Republican Party and was seen as a possible 2000 and 2008 Presidential candidate. last week. Bloomberg will appoint three new members of the LMDC LMDC Lower Manhattan Development Corporation (New York City, NY, USA) LMDC Lake Merritt Dance Center (Oakland, California) LMDC Logistics Management Development Course LMDC Laser Motion & Development Company . Seven of the agency's 11 members were named by Pataki. Former Mayor Rudolph Giuliani named the remaining four. That agency includes NYSE NYSE See: New York Stock Exchange chairman Richard Grasso Richard A. Grasso (born 1946 in Jackson Heights, Queens, New York City) usually known by the nickname 'Dick', was chairman and chief executive of the New York Stock Exchange from 1995 to 2003, the culmination of a career that began in 1968 when Grasso was hired by the Exchange as , construction trades official Edward Malloy, former Port Authority chairman Lewis Eisenberg and real estate developer Roland Betts, among others. The clean-up of Groud Zero has progressed so rapidly that some critics believe that the LMDC hasn't kept pace with the cleanup effort. The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times reports that a master plan for the site could be ready within the next two months according to the LMDC chairman John Whitehead. Whitehead, speaking at a Real Estate Board luncheon two weeks ago, denied reports that there was a power struggle between city and state agencies over control of the site. This news doesn't contradict Whitehead--however, it does suggest that Bloomberg is vying for a bigger piece of the action downtown. "At the end of the day, the mayor and the governor are responsible, and we're proud to have that responsibility," said Gov. Pataki at the press conference. In the six months that have passed since Sept. 11, workers have cleared the site of debris and are now excavating the concourse area beneath the site. All but four subway stations have been reopened here, with the other four expected to open next fall. On that score, extensive upgrades to the existing mass transit system are in the works "Our goal is to enhance downtown as the center of the financial world. And that means bringing the Long Island Railroad into lower Manhattan. As for the 1 and 9 subway lines, they should be open by December," said Carl Weisbrod, president of the Alliance for Downtown New York, a Business Improvement District. |
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