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LMDC
The Lower Manhattan Development Corporation was formed in November 2001, following the September 11 attacks, to plan the reconstruction of Lower Manhattan and distribute nearly $10 billion in federal funds aimed at rebuilding downtown Manhattan. It is a subsidiary of the Empire State Development Corporation, which is a New York state public-benefit corporation. History The Lower Manhattan Development Corporation was formed in November 2001 by then-Governor George Pataki and then-Mayor Rudolph Giuliani. The LMDC is a joint State-City corporation governed by a 16-member Board of Directors, half appointed by the Governor of New York and half by the Mayor of New York. As a result, Pataki and Giuliani appointees dominate the LMDC. Its original chairman was John C. Whitehead, a former Deputy Secretary of State and head of Goldman Sachs. One of its first projects was the granting of more than $40 million for parks and green space. In February 2003, the LMDC chose Daniel Libeskin ...
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World Trade Center (2001–present)
The World Trade Center (WTC) is a mostly completed complex of buildings in the Lower Manhattan neighborhood of New York City, U.S., replacing the original seven buildings on the same site that were destroyed in the September 11 attacks. The site is being rebuilt with up to six new skyscrapers, four of which have been completed; a memorial and museum to those killed in the attacks; the elevated Liberty Park adjacent to the site, containing the St. Nicholas Greek Orthodox Church and the Vehicular Security Center; and a transportation hub.One, 3, 4, and 7 WTC, as well as the September 11 Memorial Museum, Liberty Park, Vehicle Security Center, and the Transportation Hub are complete. 2 and 5 WTC, as well as the Performing Arts Center, are under construction. The 94-story One World Trade Center, the tallest building in the Western Hemisphere, is the lead building for the new complex. The buildings are among many created by the World Trade Centers Association. The original World T ...
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World Trade Center Site
The World Trade Center site, often referred to as "Ground zero#World Trade Center, Ground Zero" or "the Pile" immediately after the September 11 attacks, is a 14.6-acre (5.9 ha) area in Lower Manhattan in New York City. The site is bounded by Vesey Street (Manhattan), Vesey Street to the north, the West Side Highway to the west, Liberty Street (Manhattan), Liberty Street to the south, and Church Street (Manhattan), Church Street to the east. The Port Authority of New York and New Jersey (PANYNJ) owns the site's land (except for 7 World Trade Center). The original World Trade Center (1973–2001), World Trade Center complex stood on the site until it was destroyed in the September 11 attacks. The Port Authority, Silverstein Properties, and the Lower Manhattan Development Corporation (LMDC) have overseen the reconstruction of the site as part of the World Trade Center (2001–present), new World Trade Center, following a master plan by Daniel Libeskind, Studio Daniel Libeski ...
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World Trade Center Site Memorial Competition
The World Trade Center Site Memorial Competition was an open, international memorial contest, initiated by the Lower Manhattan Development Corporation (LMDC) according to the specifications of the architect Daniel Libeskind, to design a memorial for the World Trade Center site (later renamed the National September 11 Memorial & Museum) at the under-construction World Trade Center in New York City. The competition began April 28, 2003 and the winner—Michael Arad and Peter Walker's '' Reflecting Absence''—was revealed January 14, 2004, in a press conference at Federal Hall National Memorial. The contest garnered 5,201 entries from 63 nations and 49 U.S. states, out of 13,683 registrants from all 50 U.S. states and 94 nations, making it the largest design competition in history. History On March 5, 2002, Governor George Pataki, Mayor Michael Bloomberg, and the Lower Manhattan Development Corporation (LMDC) jointly announced plans for an interim memorial to the victims of th ...
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World Trade Center Memorial
The National September 11 Memorial & Museum (also known as the 9/11 Memorial & Museum) is a memorial and museum in New York City commemorating the September 11 attacks of 2001, which killed 2,977 people, and the 1993 World Trade Center bombing, which killed six. The memorial is located at the World Trade Center site, the former location of the Twin Towers that were destroyed during the September 11 attacks. It is operated by a non-profit institution whose mission is to raise funds for, program, and operate the memorial and museum at the World Trade Center site. A memorial was planned in the immediate aftermath of the attacks and destruction of the World Trade Center for the victims and those involved in rescue and recovery operations. The winner of the World Trade Center Site Memorial Competition was Israeli-American architect Michael Arad of Handel Architects, a New York- and San Francisco-based firm. Arad worked with landscape-architecture firm Peter Walker and Partner ...
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National September 11 Memorial & Museum At The World Trade Center
The National September 11 Memorial & Museum (also known as the 9/11 Memorial & Museum) is a memorial and museum in New York City commemorating the September 11 attacks of 2001, which killed 2,977 people, and the 1993 World Trade Center bombing, which killed six. The memorial is located at the World Trade Center site, the former location of the Twin Towers that were destroyed during the September 11 attacks. It is operated by a non-profit institution whose mission is to raise funds for, program, and operate the memorial and museum at the World Trade Center site. A memorial was planned in the immediate aftermath of the attacks and destruction of the World Trade Center for the victims and those involved in rescue and recovery operations. The winner of the World Trade Center Site Memorial Competition was Israeli-American architect Michael Arad of Handel Architects, a New York- and San Francisco-based firm. Arad worked with landscape-architecture firm Peter Walker and Partn ...
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New York State Public-benefit Corporations
New York state public-benefit corporations and authorities operate like quasi-private corporations, with boards of directors appointed by elected officials, overseeing both publicly operated and privately operated systems. Public-benefit nonprofit corporations share characteristics with government agencies, but they are exempt from many state and local regulations. Of particular importance, they can issue their own debt, allowing them to bypass limits on state debt contained in the New York State Constitution. This allows public authorities to make potentially risky capital and infrastructure investments without directly putting the credit of New York State or its municipalities on the line. As a result, public authorities have become widely used for financing public works, and they are now responsible for more than 90% of the state's debt. The growing influence of public authorities over state and local financing, coupled with their ability to avoid regulations applicable to gover ...
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George Pataki
George Elmer Pataki (; born June 24, 1945) is an American lawyer and politician who served as the 53rd governor of New York from 1995 to 2006. An attorney by profession, Pataki was elected mayor of his hometown of Peekskill, New York, and went on to be elected to the State Assembly and the State Senate. After defeating three-term incumbent Governor Mario Cuomo by a margin of three points in 1994, Pataki would go on to be elected to three consecutive terms himself. He was the third Republican since 1923 to win New York's governorship, after Thomas E. Dewey and Nelson Rockefeller. Pataki's most notable achievements as governor included the creation of a number of new health care programs, presiding over recovery efforts following the September 11 attacks, and for increasing the state's credit rating three times. He chose not to run for a fourth term in 2006; he was succeeded by Democrat Eliot Spitzer. Pataki announced his candidacy for the Republican Party presidential nominatio ...
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