News

Seaport Museum Gets $4.8 Million in Aid

The Lower Manhattan Development Corporation will give $4.8 million to the South Street Seaport Museum, which is recovering from severe damage incurred during Hurricane Sandy. This is part of a package that Governor Cuomo announced will use $50 million from the development corp’s legal settlement with a construction company. The money will be used to finance 14 cultural, recreational and educational projects, including improvements to a Lower East Side community center run by University Settlement and the Chinatown Y.M.C.A., and several initiatives. Read more…

Flushing Commons’ First Phase Tops Out

The Flushing Commons development celebrated a milestone in its construction with a dramatic topping off ceremony held on the windswept upper level of the former Municipal Lot #1 in Flushing on Friday. This project is set to include a YMCA featuring an indoor swimming pool, basketball courts, fitness centers a running track and a day care, as well as a 1.5 acre landscaped open air plaza, over 600 additional parking spaces and additional residential and commercial units. Read more…

Flushing Commons project topped off

The last construction beam for the Flushing Commons mega-project, which was signed by its developers and neighborhood leaders, was placed on one of its buildings during the topping-off ceremony. Flushing Commons will have around half-a-million feet of commercial space, around 600 condos, a four-level parking garage, a 1.5-acre public plaza with restaurants and shops and a 62,000-square-foot YMCA facility. Read more…