Matthew Schuerman appears in the following:
Carpenter's Union Officials Indicted for Bribes
Wednesday, August 05, 2009
New York, NY —
The head of a large carpenters' union, and nine other officials have been indicted for receiving approximately $1 million in bribes from contractors. In exchange, federal prosecutors say the officials allowed contractors to pay less than union wages, and avoid contributions to union pension funds. ...
Silverstein: Paterson's Demands Mean Loss of Towers
Tuesday, August 04, 2009
Governor Paterson is threatening to come up with a World Trade Center plan that does not include developer Larry Silverstein's office towers, as the negotiations between the developer and the Port Authority continue to drag on. The governor says he doesn't want the negotiations to continue delaying ...
Bloomberg the Candidate Unveils New Transit Plan
Tuesday, August 04, 2009
New York, NY —
Mayor Bloomberg who tried to bring congestion pricing to New York, has come up with a more modest transportation platform detailing what he would do should he get re-elected this fall. WNYC's Matthew Schuerman has more.
REPORTER: At a campaign event, the Mayor introduced 33 ideas ...
Paterson Threatens to Cut Silverstein Out of WTC Design
Monday, August 03, 2009
New York, NY —
Governor Paterson is threatening to come up with a World Trade Center plan that does not include developer Larry Silverstein's office towers, as the negotiations between the developer and the Port Authority drag on. In a letter to Silverstein, the governor says he doesn't want ...Costs of Dismantling Deutsche Bank Building Rising
Monday, August 03, 2009
New York, NY —
The costs of taking down the former Deutsche Bank building at the World Trade Center site keep climbing. The Lower Manhattan Development Corporation has set aside more than $200-million to acquire clean and demolish the tower. But WNYC's Matthew Schuerman says the government agency has ...
MTA to Set Aside $50m Annually for Capital Needs
Friday, July 31, 2009
New York, NY —
The MTA's preliminary budget released this week will dedicate $50 million a year for "pay as you go" capital needs like new subway cars. WNYC's Matthew Schuerman has more.
REPORTER: Usually the MTA borrows about $2 billion dollars annually for new equipment, station rehabs and mega-projects. ...
New Development Plans Approved for Pier 57
Friday, July 31, 2009
New York, NY —
It doesn't always happen that the community's favorite developer also brings in the most money. But that's the story with the latest proposal for Pier 57 at 15th Street, according to the Hudson River Park Trust.
The board of directors conditionally selected the Manhattan firm "YoungWoo ...
Hearings on Atlantic Yards Development Continue
Thursday, July 30, 2009
New York, NY —
Public hearings on the latest plans for the Atlantic Yards development in Brooklyn continue today. At yesterday's hearing, Bob Zuckerman, who's running to represent a City Council district adjacent to the project's footprint, criticized many of the changes made to the proposal, since it was ...
MTA Says Tough Times Ahead
Wednesday, July 29, 2009
New York, NY —
Despite a $2.3 billion bailout from Albany, the Metropolitan Transportation Authority says it still faces tough times as a result of the recession. Chairman Dale Hemmerdinger says its preliminary budget estimates may turn out to be wrong, if the economy gets worse.
HEMMERDINGER: The takeaway from ...
Suit Challenges Public Benefits of E. Harlem Development
Monday, July 27, 2009
New York, NY —
A group of property owners is challenging the city's right to take their properties for a housing and retail complex on East 125th Street in Manhattan. The East Harlem Media Entertainment and Cultural Center is supposed to be a 1.7 million square foot complex, spread ...
WTC Planners Scout Alt. Location for Performing Arts Center
Friday, July 24, 2009
New York, NY —
City and state planners are studying a way to get the performing arts center at the World Trade Center site built more quickly. The Lower Manhattan Development Corporation is considering moving the location from the northern end to the southern end - where the site ...
Port Auth to Move WTC Retaining Wall, Saving $300G a Day
Friday, July 24, 2009
New York, NY —
The Port Authority says it's found a way to resolve a situation that was costing it some $300,000 a day.
The authority was supposed to turn over two building sites at the World Trade Center site to developer Larry Silverstein more than a year ago. But ...
Lilly First Tenant in Science Center
Wednesday, July 22, 2009
New York, NY —
A science complex under construction along the East River got its first official tenant yesterday. The research division of drug company Imclone Systems will take over four floors once the first tower is completed next summer. WNYC's Matthew Schuerman has more.
REPORTER: Mayor Bloomberg has said ...
East River Science Park Gains Anchor Tenant
Wednesday, July 22, 2009
New York, NY —
Mayor Bloomberg is expected to announce this afternoon that Eli Lilly will become the anchor tenant in the first tower of the East River Science Park.
The science park is being built by a private developer with government assistance at 29th Street and the FDR Drive. ...
Coney Island Gets City Council Nod
Tuesday, July 21, 2009
New York, NY —
The City Council Land Use Committee approved the mayor's plan for Coney Island this afternoon after the administration agreed to guarantee a number of benefits for the neighborhood.
City Council Member Dominic Recchia says the deal calls for more affordable housing than was originally planned and ...
Bloomberg Plans to Keep South Brooklyn's Waterfront Industrial
Tuesday, July 21, 2009
New York, NY —
Mayor Bloomberg has unveiled a "vision" for the south Brooklyn waterfront, that calls for keeping the 2.5 mile coastline largely industrial, rather than converting it to residential use. WNYC's Matthew Schuerman has more.
REPORTER: Bloomberg's spent a lot of his time in office advocating for residential ...
Silverstein to Resume Negotiation on WTC
Monday, July 20, 2009
New York, NY —
Governor Paterson says he's convinced developer Larry Silverstein to return to the negotiating table to resolve a dispute over the financing of office towers he's building at the World Trade Center site. Silverstein wants the Port Authority, which owns the land, to guarantee the loans ...
New Payment System May Be Coming to MTA
Friday, July 17, 2009
New York, NY —
The nominee to become the new MTA chief suggested this week that he'd pursue a new payment system for subways and buses that could potentially replace the MetroCard. WNYC's Matthew Schuerman reports the MTA has been trying to develop just such a system for years, ...
City's 'Science Park' Still Without Tenants
Thursday, July 16, 2009
New York, NY —
* correction appended
The first tower of the East River Science Park is expected to open next winter at 29th Street and the FDR Drive in Manhattan. But so far, the developer still hasn't signed any leases with prospective tenants. WNYC's Matthew Schuerman reports.
The city and ...
Upzoning in Williamsburg
Wednesday, July 15, 2009
One of Mayor Bloomberg’s lasting legacies, whether or not he goes on to a third, will be his rezonings. He’s undertaken 97 of them, more than any other mayor since 1961. Most of them were actually downzonings in outlying neighborhoods like Canarsie—where the city actually limits building heights or ...