West Side Stadium
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West Side Stadium
West Side Stadium (also known as the New York Sports and Convention Center) was a proposed football and Olympic stadium to be built on a platform over the rail yards on the West Side of Manhattan in New York City. The stadium would have been an all-weather facility with a retractable roof, allowing it to be used as either a indoor convention hall, or an 85,000-seat (75,000 post-Olympics) indoor-outdoor sporting event stadium. It was to be the new home for the New York Jets of the National Football League, who at the time of the proposal played at Giants Stadium in East Rutherford, New Jersey, and were junior tenants to the New York Giants. The stadium was to have served as the centerpiece of New York City's bid for the 2012 Summer Olympics, but, after heated debate, the proposal was defeated a month before the International Olympic Committee was to make its decision. In the football off-season the building would have been used as an adjunct to the Jacob K. Javits Convention C ...
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West Side (Manhattan)
The West Side of Manhattan refers to the side of Manhattan Island which abuts the Hudson River and faces the U.S. state of New Jersey. Fifth Avenue, Central Park, and lower Broadway separate it from the East Side. The major neighborhoods on the West Side are (from north to south) Inwood, Hudson Heights, Washington Heights, West Harlem, Morningside Heights, Manhattan Valley, Upper West Side, Hell's Kitchen, Chelsea, West Village, SoHo, and Tribeca. The 8th Avenue and West Side subway lines connect all parts of the West Side. The main north-south roads servicing the West Side are the Henry Hudson Parkway in the north, and the West Side Highway in the south. The Hudson River Greenway separates those highways from the western shore of the island. Redevelopment The Far West Side would have been the location of West Side Stadium, which was intended as the Olympic stadium for the New York City bid for the 2012 Summer Olympics. After the rejection of the $2 billion stadium pl ...
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Jacob K
Jacob (; ; ar, يَعْقُوب, Yaʿqūb; gr, Ἰακώβ, Iakṓb), later given the name Israel, is regarded as a patriarch of the Israelites and is an important figure in Abrahamic religions, such as Judaism, Christianity, and Islam. Jacob first appears in the Book of Genesis, where he is described as the son of Isaac and Rebecca, and the grandson of Abraham, Sarah, and Bethuel. According to the biblical account, he was the second-born of Isaac's children, the elder being Jacob's fraternal twin brother, Esau. Jacob is said to have bought Esau's birthright and, with his mother's help, deceived his aging father to bless him instead of Esau. Later in the narrative, following a severe drought in his homeland of Canaan, Jacob and his descendants, with the help of his son Joseph (who had become a confidant of the pharaoh), moved to Egypt where Jacob died at the age of 147. He is supposed to have been buried in the Cave of Machpelah. Jacob had twelve sons through four women, h ...
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No-bid Contract
Multisourcing is the concept of working with multiple suppliers who are also competitors. Large-scale buyers, such as the U.S. federal government, may want to feel assured that there is more than one supplier for an item. It has been described as the opposite of "one neck to wring". The opposite is called sole-source. Intel, a large corporation, was not "enough" for the x86, and so others such as Advanced Micro Devices and Cyrix were needed. Models There are two primary models for Multisourcing: Prime Contractor and Client models: Prime Contractor model A ''Prime Contractor'' may use ''subcontractors''. Either way, the client has "one neck to wring". Client model The client is the ''system integrator''. Multiple outside sources, each with their own "perceived core competencies", provide services. This does not preclude the outside suppliers from further subcontracting. Sole sourcing Although "no-bid contracts are illegal under European Union procurement law", "there are exclus ...
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Metropolitan Transportation Authority
The Metropolitan Transportation Authority (MTA) is a public benefit corporation responsible for public transportation in the New York City metropolitan area of the U.S. state of New York. The MTA is the largest public transit authority in the United States, serving 12 counties in Downstate New York, along with two counties in southwestern Connecticut under contract to the Connecticut Department of Transportation, carrying over 11 million passengers on an average weekday systemwide, and over 850,000 vehicles on its seven toll bridges and two tunnels per weekday. History Founding In February 1965, New York Governor Nelson Rockefeller suggested that the New York State Legislature create an authority to purchase, operate, and modernize the Long Island Rail Road (LIRR). The LIRR, then a subsidiary of the Pennsylvania Railroad (PRR), had been operating under bankruptcy protection since 1949. The proposed authority would also have the power to make contracts or arrangements with ...
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Subsidy
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. Consumer/consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to buy ...
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Hudson Yards (development)
Hudson Yards is a real estate development in the Hudson Yards area of Manhattan, New York City, between the Chelsea and Hell's Kitchen neighborhoods. Upon completion, 13 of the 16 planned structures on the West Side of Midtown South would sit on a platform built over the West Side Yard, a storage yard for Long Island Rail Road trains. The first of its two phases, opened in 2019, comprises a public green space and eight structures that contain residences, a hotel, office buildings, a mall, and a cultural facility. The second phase, on which construction had not started , will include residential space, an office building, and a school. Related Companies and Oxford Properties are the primary developers and major equity partners in the project. Related, Oxford, and other large investors have funded Hudson Yards' construction from several capital sources, including from foreign investors through the EB-5 investment program. Mitsui Fudosan owns a 92.09 percent stake in 55 Hudson ...
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Super Bowl XLIV
Super Bowl XLIV was an American football game between the National Football Conference (NFC) champions New Orleans Saints and the American Football Conference (AFC) champions Indianapolis Colts to decide the National Football League (NFL) champion for the 2009 season. The underdog Saints defeated the Colts by a score of 31–17, earning the franchise its first Super Bowl win. The game was played at Sun Life Stadium (now Hard Rock Stadium) in Miami Gardens, Florida, for the fifth time (and in South Florida for the tenth time), on February 7, 2010, which was the latest calendar date for a Super Bowl until Super Bowl LVI in 2022. This was the Saints' first Super Bowl appearance and the fourth for the Colts franchise, their second appearance in four seasons. The Saints entered the game with a 13–3 record for the 2009 regular season, compared to the Colts' 14–2 record. In the playoff games, both teams placed first in their respective conferences, marking the first time since ...
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7 Subway Extension
The 7 Subway Extension is a subway extension of the New York City Subway's IRT Flushing Line, which is served by the local and express services. The extension stretches southwest from its previous terminus at Times Square, at Seventh Avenue and 41st Street, to one new station at 34th Street and Eleventh Avenue. A second station at 10th Avenue and 41st Street was dropped from the plans in October 2007. The entirety of the extension is located within the New York City borough of Manhattan. The extension, a key part of the Hudson Yards Redevelopment Project, is expected to bring business and entertainment into the area, as well as aid redevelopment of nearby Chelsea and Hell's Kitchen, located around the Long Island Rail Road's West Side Yard. The extension also serves the nearby Jacob K. Javits Convention Center. The project was originally proposed in 2005 as part of the Hudson Yards project, which included the failed attempt to build the West Side Stadium for the New York ...
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New York City Subway
The New York City Subway is a rapid transit system owned by the government of New York City and leased to the New York City Transit Authority, an affiliate agency of the state-run Metropolitan Transportation Authority (MTA). Opened on October 27, 1904, the New York City Subway is one of the world's oldest public transit systems, one of the most-used, and the one with the most stations, with New York City Subway stations, 472 stations in operation (424 if stations connected by transfers are counted as single stations). Stations are located throughout the boroughs of Manhattan, Brooklyn, Queens, and the Bronx. The system has operated 24/7 service every day of the year throughout most of its history, barring emergencies and disasters. By annual ridership, the New York City Subway is the busiest rapid transit system in both the Western Hemisphere and the Western world, as well as the List of metro systems, seventh-busiest rapid transit rail system in the world. In , the subway deliv ...
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Urban Renewal
Urban renewal (also called urban regeneration in the United Kingdom and urban redevelopment in the United States) is a program of land redevelopment often used to address urban decay in cities. Urban renewal involves the clearing out of blighted areas in inner cities to slum clearance, clear out slums and create opportunities for higher class housing, businesses, and other developments. A primary purpose of urban renewal is to restore economic viability to a given area by attracting external private and public investment and by encouraging business start-ups and survival. It is controversial for its eventual Forced displacement, displacement and Destabilisation, destabilization of low-income residents, including African Americans and other marginalized groups. Historical origins Modern attempts at renewal began in the late 19th century in developed nations, and experienced an intense phase in the late 1940s under the rubric of Reconstruction (architecture), reconstruction. The ...
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2012 Summer Olympics
The 2012 Summer Olympics (officially the Games of the XXX Olympiad and also known as London 2012) was an international multi-sport event held from 27 July to 12 August 2012 in London, England, United Kingdom. The first event, the group stage in women's football, began on 25 July at the Millennium Stadium in Cardiff, followed by the opening ceremony on 27 July. 10,768 athletes from 204 National Olympic Committees (NOCs) participated in the 2012 Olympics. Following a bid headed by former Olympic champion Sebastian Coe and the then- London mayor Ken Livingstone, London was selected as the host city at the 117th IOC Session in Singapore on 6 July 2005, defeating bids from Moscow, New York City, Madrid, and Paris. London became the first city to host the modern Olympics three times, having previously hosted the Summer Games in 1908 and 1948. Construction for the Games involved considerable redevelopment, with an emphasis on sustainability. The mai ...
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Charles Rangel
Charles Bernard Rangel (, ; born June 11, 1930) is an American politician who was a U.S. representative for districts in New York from 1971 to 2017. A member of the Democratic Party, he was the second-longest serving incumbent member of the House of Representatives at the time of his retirement, serving continuously since 1971. As its most senior member, he was also the Dean of New York's congressional delegation. Rangel was the first African American Chair of the influential House Ways and Means Committee. He is also a founding member of the Congressional Black Caucus. Rangel was born in Harlem in Upper Manhattan and lives there to this day. He earned a Purple Heart and a Bronze Star for his service in the U.S. Army during the Korean War, where he led a group of soldiers out of a deadly Chinese army encirclement during the Battle of Kunu-ri in 1950. Rangel graduated from New York University in 1957 and St. John's University School of Law in 1960. He worked as a private lawye ...
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