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Cash grants aiming to pump downtown's art.


The Downtown Alliance and 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  Cultural Council (LMCC LMCC Lower Manhattan Cultural Council
LMCC Land Mobile Communications Council
LMCC Lake Macquarie City Council (Australia)
LMCC Licentiate of the Medical Council of Canada
LMCC Lead Manager Customer Central
) announced today the launch of their Cultural Capital Grant Program, which will provide challenge grants and technical assistance to cultural institutions engaged in performing arts and public programming interested in putting down roots in Lower Manhattan.

These grants are part of a dedicated and continuing effort to transform Lower Manhattan into a destination for arts and culture,

"The arts are a crucial economic development driver in any neighborhood and they are important for workers, businesses, and residents," said Carl Weisbrod, president of the Downtown Alliance. "This grant program addresses the need for a vital and growing arts sector throughout Lower Manhattan and provides immediate momentum at a time when other cultural initiatives are necessarily focusing on the long-term."

Capital grants up to $225,000 are being offered to assist small- to medium-sized performing arts institutions in the upgrade, renovation, and creation of performance space below Murray Street Murray Street may refer to:
  • Murray Street (album) by Sonic Youth, a band from New York City
  • Murray Street, Perth, Western Australia
  • Murray Street, New York City
  • Murray Street, Singapore
  • Murray Street, Ottawa
. These grants will be awarded on a contingent basis, requiring a 2:1 cash match before funds are released. Pre-development grants up to $50,000 will also be available for institutions in the early evaluation stage of relocation below Murray Street. Predevelopment funds may be used for site identification, feasibility studies The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. , and preliminary design work.

"Lower Manhattan is poised at a moment of opportunity, with major redevelopments and residential expansions taking place," said Tom Healy Tom Healy was an Irish sportsperson who is best remembered for playing hurling with Thurles Sarsfields in the 1880s.

Tommy Healy was born in Coolcroo, County Tipperary. He was noted as a fine sportsperson and he played hurling with his native Thurles club in the 1880s.
, president of the LMCC. "Through this major new grant program, arts and cultural groups will be provided with critical funding to become a permanent part of the fabric of downtown."

Grant participants will also be offered the opportunity and encouraged to participate in a complimentary technical assistance program to further assist institutions in facilities project management and capital fundraising.

Letters of Interest (LOI LOI Letter of Indemnity (international trade and carriage business)
LOI Letter Of Intent
LOI Loss On Ignition
LOI Letter of Inquiry
LOI Lack Of Information
LOI Lack of Interest
LOI Letter of Invitation
LOI List Of Items
) for initial review must be received by 5:00 pm, January 24, 2005. For grant guidelines and LOI procedure, contact Sigrid Peterson of the Alliance for Downtown 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
 at (212) 835-2753. Also, log onto web www.downtownny.com.
COPYRIGHT 2004 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Downtown Alliance and Lower Manhattan Cultural Council to encourage art and culture
Publication:Real Estate Weekly
Geographic Code:1U2NY
Date:Dec 15, 2004
Words:333
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