Council to review 2 revised designs.Council to review 2 revised designs Two contingency plans A plan involving suitable backups, immediate actions and longer term measures for responding to computer emergencies such as attacks or accidental disasters. Contingency plans are part of business resumption planning. for the Commodities Exchange Building were approved by the 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. Planning Commission Noun 1. planning commission - a commission delegated to propose plans for future activities and developments commission, committee - a special group delegated to consider some matter; "a committee is a group that keeps minutes and loses hours" - Milton Berle late last month. A last minute withdrawal by the Mercantil Exchange left the other exchanges scrambling See scramble. to contend with both the original five-exchange tower as well as a quickly modified four-exchange design. For the time being, the latter version seems the most likely scenario. Sources said the Mercantile Relating to trade or commerce; commercial; having to do with the business of buying and selling; relating to merchants. A mercantile agency is an individual or company in the business of collecting data about the financial status, ability, and credit of individuals Exchange pulled out because it was asked to bear 55 percent of the cost while using only 38 percent of the space. Commodities spokesperson, Michele de Milly, said a 30-story building was approved by the Commission for use by five exchanges, as well as the "envelope" of what would be a four-exchange 22-story building. Architects will be filling in the blanks of the smaller tower in the coming weeks. Either way, the building will contain 965,410 square feet, with a different floor plate sizes depending upon the final use. a four-exchange tower would rise 355 feet high, while the five-exchange design would be 586 feet. The original proposals called for a 47-story building with over 1 million square feet of space. The City Council's Land Use Committee, chaired by Councilwoman June M. Eisland, will be holding a hearing on Feb. 18 on the exchanges plans. There is still determined opposition from community groups who have been joined by new Council member Kathryn E. Freed who represents the 1st District. She voiced concerns over the proposed garage and increased traffic, as well as construction noise and the loss of the space which residents were hoping to use for a school or playground. She pointed out the high Downtown vacancy rate and suggested looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. space elsewhere. Freed is also worried the exchanges will run out of money and stop building in the middle, causing either a bail-out by the city or a half-built structure looming looming: see mirage. on the property which would leave the space unusable for everyone. Many other council members have said that keeping the exchanges, and their jobs, in New York City is more important. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion