Reconstructing New York: Many Alliances But No Plan

Reconstructing New York may well be the "largest urban redevelopment in American history." Alliances have been formed but the effort lacks a clear plan.

1 minute read

October 29, 2001, 9:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

"Unless something gels soon, civic leaders and downtown landlords say, other companies in Lower Manhattan may join American Express and Lehman Brothers in moving their operations to Midtown, New Jersey or Connecticut, an exodus that would be a devastating blow to the area. They say companies and residential tenants need to be lured back to the area with tax breaks, grants and a plan, with timetables and funding, that inspires confidence in the future of Lower Manhattan."

Thanks to Abhijeet Chavan

Read the full story: A Nascent Effort, Still in Need of a Plan

Sunday, October 28, 2001 in The New York Times

Community / Economic Development New York

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