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Financial District, Policy

80 Centre Street via Wiki Commons

On Wednesday, city officials announced that plans to build a 40-floor high-rise detention center at 80 Centre Street will not be moving forward, reports the Daily News. The site had been proposed earlier this year as part of a plan to close the jail at Rikers Island and relocate the inmate population to four local jails spread throughout the boroughs. The de Blasio administration cited logistical challenges associated with moving the current tenants, which include the Manhattan Marriage Bureau and offices of the Manhattan District Attorney, as reason for the decision.

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Art, Financial District

fearless girl, state street global advisors

Image credit: State Street Global Advisors.

The four-foot bronze “Fearless Girl” statue was removed from her spot across from the iconic “Charging Bull” in Bowling Green Tuesday night, AMNew York reports, and is on her way to a more pedestrian friendly spot in front of the New York Stock Exchange. Since its appearance in 2017 a day before International Women’s Day, sending a message to Wall Street for the need of gender equality in the financial world, the diminuitive statue has become a major attraction, drawing millions of tourists and locals. State Street Global Advisors, the investment company that owns the statue, said she’d be installed in her new home by December 31.

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Financial District, real estate trends

One world trade center, skyscrapers, tall towers, supertalls

Image courtesy of Michael Vadon’s Flickr

According to the building’s landlord, the Durst Organization, the 104-story, 3-million-square-foot One World Trade Center tower contains more tech and creative tenants than any other in the city. That’s 26 TAMI (Tech, Advertising, Media and Information) tenants, to be exact, 20 of which are in tech, Crain’s reports.

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Events, Museums

John, a third generation Mohawk ironworker who helped raise One World Trade, photographed by Melissa Cacciola, via Melisssa Cacciola

“Skywalkers: a Portrait of Mohawk Ironworkers at the World Trade Center,” opens today at the National September 11 Memorial & Museum. The exhibit features photographer Melissa Cacciola’s tintype portraits of Kahnawake Mohawk ironworkers who volunteered in rescue efforts after 9/11 and helped raise One World Trade Center, Towers 2, 3, and 4, and the Calatrava Transportation Hub.

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Featured Story

Architecture, Behind the Scenes, Features, Financial District, History

Hardhats aren’t your typical church-going attire, but they were necessary at Trinity Church when Vicar Rev. Philip Jackson led a behind-the-scenes tour of Trinity’s ongoing $112,000,000, two-year restoration. The project, officially known as a “rejuvenation” of the facilities, began on May 7, 2018, and is slated to be finished in the spring of 2020. Now six months underway, the meticulous work, headed by architect Jeff Murphy of Murphy Burnham and Buttrick, will preserve Trinity’s landmarked church building while “enhancing the overall worship experience,” by making the church more accessible and welcoming.

Weaving our way between scaffolding and rubble in one of New York’s most iconic naves, we saw the very foundation of Trinity Church’s past and got a glimpse of its future. From the finer points of organ-voicing to some of the first examples of American stained-glass, check out 10 of the most exciting behind-the-scenes secrets of the Trinity Church Restoration.

Check out the Church!

Architecture, condos, Financial District, New Developments

Image credit: Binyan Studios

Trinity Place Holding’s new residential tower rising at 77 Greenwich Street in lower Manhattan has just released a teaser site and new renderings showing the 500-foot-tall building in all its future glory. With architecture by FXCollaborative and interiors by Deborah Berke Partners, the tower is four stories in to its 42-story height; sales are scheduled to begin in spring of 2019.

More details and renderings, this way

Battery Park City, Financial District, Technology

amazon, amazon go, nyc

Amazon Go in Seattle via Wikipedia

Amazon will open its first cashier-less store in New York City in Battery Park City, Recode reported on Monday. Amazon Go is like a futuristic convenience store, offering ready-to-eat meals and groceries without having to wait in line. According to the company, “Just Walk Out Technology” is used, which automatically keeps tracks of products taken or returned via a virtual cart. With no lines or checkout, once you find an item you want, you can just leave.

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Featured Story

Art, Features, Financial District, Manhattan

Photo via LMCC

When the Lower Manhattan Cultural Council (LMCC) was founded in 1973, it set out to bring the arts to Lower Manhattan, a neighborhood that already had an established reputation for being first and foremost a site of business, not pleasure. What the organization’s founder, Flory Barnett, could not have foreseen at the time of the LMCC’s founding is that over the coming four decades, Lower Manhattan would face more challenges than nearly any other New York City neighborhood.

From the attacks on 9/11 to the devastating fallout of the 2008 economic crisis to the occupation of Zuccotti Park in 2011, in recent years, Lower Manhattan has been at the epicenter of some of the city’s and nation’s most historic moments. Throughout these events, the LMCC has persisted and in many respects, played a pivotal role in helping the neighborhood transition into the vibrant and diverse neighborhood it is today: a place where people not only work but also live and spend their leisure time.

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Featured Story

Features, Financial District, real estate trends

One world trade center, skyscrapers, tall towers, supertalls

Image courtesy of Michael Vadon’s Flickr

In 2010, Lower Manhattan was still deeply scarred by the attacks of 9-11. With much of the neighborhood under construction, a high vacancy rate, and few full-time residents, walking around the area, especially outside business hours, often felt like walking through a ghost town. It was, in many respects, a neighborhood in waiting.

Since 2011, which marked the opening of the 9/11 Memorial—and the symbolic end of the neighborhood’s long period of recovery from the 9/11 attacks—Lower Manhattan has undergone a transformation that is difficult to ignore. New businesses have opened, new residential developments have launched, the vacancy rate has drastically declined, and in many respects, an entirely new neighborhood has taken shape.

The dawn of a new Downtown

Events, Financial District

The skylight at the World Trade Center Oculus will reopen on September 11 at exactly 10:28 a.m., the same time the North Tower fell in 2001. The “Way of Light,” which happens every year on 9/11, will shine through the opening, bringing light to the bustling WTC transit center below. Santiago Calatrava designed the Oculus oriented in a way that allows sunlight to cross the floor, directly along the axis of the building.

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