VOLUME 27, NUMBER 21
MARCH 26-APRIL 8, 2015
SLOW FLOW OF SANDY $$$ DOWNTOWN
Brookfield Office Properties began renovating what was known as the World Financial Center in October 2011 and has invested about $250 million in the project near West and Vesey Sts.,
BY JOSH ROGERS eath and destruction hit Lower Manhattan after Hurricane Sandy three years ago, but the area had been largely left out of storm protection plans until this month when the mayor and governor announced almost $15 million in funds for Downtown. Local leaders pushing for more money celebrated the news, but they are still concerned that so little of the $4.21 billion post-Sandy federal package has been focused near Manhattan’s southern tip. Catherine McVay Hughes, Community Board 1’s chairperson, estimates that so far, only about $1.5 million out of billions has been set aside for Manhattan resiliency plans south of Canal St. and the Brooklyn Bridge. The city also ignored the area in the first phase of its federal application for some of the $1 billion “National Disaster Resilience Competion” grant money administered by HUD (the U.S. Dept. of Housing and Urban Development). “C.B. 1 was disappointed that the significant unmet need in Lower Manhattan is not mentioned in the entire 60-page application,” Hughes said March 9 in testimony at a public hearing to discuss revising the city’s application. That Downtown shortfall got a boost this week when U.S. Sen. Chuck Schumer said he was going to fight to make sure some of the grant money
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Downtown Express photo by Scot Surbeck
The new retail at the Winter Garden and the rest of Brookfield Place reopens this week along with a floating art installation, “Soft Spin,” by Heather Nicol.
Retail Unveiled: 4-year project opens in Battery Park City BY D U SI CA SU E M A LE S E V IC ike the spring weather that is almost upon us, so is retail at Brookfield Place, which is to open Thursday. Window-sized paper announcements for Le District, which reportedly will be open Mon., March 30, were pulled down this week, while at Satya
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Jewelry, the final touches were being done, such as mounting photos on the wall. “We’re very excited about the whole experience,” Kim Zinzi, retail director of all Satya stores, said Tuesday, two days before the March 26 opening.
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