New York City Announces $100 Million Resilience Program for Lower Manhattan

"The city will spend $100 million to build a new flood protection system to shield lower Manhattan from major storms, " reports Erin Durkin.

"The project — stretching from the top of Battery Park City around the tip of Manhattan and up to the Lower East Side — will use measures like levees, flood walls, and more park land to soak up storm water and protect the area from the 'absolute devastation' it experienced during Sandy, said Dan Zarrilli, director of the Mayor’s Office of Recovery and Resiliency."

"The city plans to put out a bid next month for design and engineering firms to come up with specific flood protection measures," according to Durkin.

Durkin also reports that the capital investment program is targeted toward a bigger "prize"—some of the $1 billion Rebuild by Design competition, announced in 2014 by the U.S. Department of Housing and Urban Development.