Last week, Governor Andrew Cuomo announced the recipients of a $50 million settlement between the Lower Manhattan Development Corporation and the Lend Lease Construction LMB Inc. over the demolition of the Deutsche Bank Building, Tribeca Citizen reported. The LMDC is now distributing the funds among 14 projects and winners include the Seaport Museum and the proposed Brooklyn Bridge Beach project. Here now is a breakdown of the recipients and the funds each project received.
- Hudson River Park Trust: Hudson River Park Segment 3 - $10 Million
Hudson River Park starts at Battery Place and stretches five miles up north to 59th Street. Phase three of the project includes the stretch between Chambers Street and West Houston Street, and most prominently focuses on wrapping up work on Piers 25 & 26, the latter of which is being designed by Rafael Viñoly.
- NYC Economic Development Corporation: East River Esplanade North - $10 million
Part of the two-mile long East River Waterfront Esplanade project, this particular project focus on the northern end and will improve access to the waterfront and pedestrian connectivity.
- NYC Economic Development Corporation: East River Esplanade South and Brooklyn Bridge Beach - $5 million
Focussing on the southern end, these funds will also go towards the long anticipated and planned Brooklyn Bridge Beach. Just until a few weeks ago there were concerns that the city had nixed this project, but the funds will now go towards creating limited access to the beach and installing new railings and furnishings on site.
- Manhattan Youth Recreation and Resources, Inc.: Afterschool and Senior Programs -$500,000
The funds will support two years of after-school and senior programming for Manhattan Youth. The group runs seven downtown after-school programs that are free or affordable.
- Alliance for Downtown New York, Inc.: Lower Manhattan Headquarters - $300,000
To help offset start-up expenses for the newly created office at 150 Broadway that serves as a hub for non-profits, tech companies, and civic groups.
- NYC: Pier 42 - $7 million
Also part of the East River Waterfront plan, these funds will be used for landscaping, lighting and creating a playground, all part of the larger Pier 42 revamp. Elected officials awarded the pier an additional $12 million for the project as well.
- The Flea Theater: Performing Arts Theater - $2.5 million
Will help this off off Broadway theater provide subsidized rental space to other performing arts groups in Lower Manhattan.
- University Settlement Society of New York, Inc.: Houston Street Center and Headquarters Offices - $1.126 million
Will help in improvements to their Houston Street Center. The organization provides a variety of services to low-income residents on the Lower East Side.
- Jackie Robinson Foundation: Jackie Robinson Museum - $1 million
It's been delayed for quite some time now, but the funds will boost the progress on the 18,500 square foot space at 75 Varick Street to honor the iconic baseball player.
- South Street Seaport Museum: Community and Educational Spaces - $4.8 million
The museum requested funds for a new 11,000 square foot Education Community Center and infrastructural work on a warehouse at 213-215 Water Street. The building will boost the museum's programming abilities.
- NYC Department of Parks and Recreation F/B/O The Battery Conservancy: The Battery PlayScape - $6 million
The funds focus specifically on creating a new playground, known as The PlayScape, on the eastern side of the park. The new design will expand on the already existing playground built in the 1950s at this site by 60,000 square feet.
- God’s Love We Deliver: Michael Kors Building - $500,000
Will help the non-profit group complete its new office space at the Michaek Kors Building in Soho.
- Manhattan Youth Recreation and Resources, Inc. F/B/O Downtown Boathouse - $15,000
The group will be able to purchase 25 new kayaks for its public kayaking programs.
- The National 9/11 Memorial and Museum: Tribute in Light - $700,000
The LMDC has supported this installation of searchlights that are lit up in remembrance of the Twin Towers for the past 10 years. The funding will go towards covering costs for the next two years.
Notable exceptions from the list of projects funded include The Elizabeth Street Garden, which is good news for local residents who have been against creating affordable housing at the site, and the already delayed World Trade Center Performing Arts Center.
- Who Scored a Piece of the $50 Million Pie? [Tribeca Citizen]
- Pier 42 Park on LES Waterfront Scores $12M in Funding from LMDC [Bowery Boogie]
- All the LMDC Coverage [Curbed]
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