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MTA Says $25.6 Billion Needed For Capital Improvements

by Matthew Schuerman

August 10, 2009

The MTA says it needs $25.6 billion for capital improvements over the next five years. That's a 14 percent increase over the amount it allocated for the current capital plan. The MTA says the new fun....

You're Fired, You're Rehired

by Matthew Schuerman

August 05, 2009

Sara Horowitz, Founder and Executive Director of the Freelancers Union talks about employers laying off workers, then rehiring them as independent contractors without benefits. ....

Carpenter's Union Officials Indicted for Bribes

by Matthew Schuerman

August 05, 2009

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 officia....

Bloomberg the Candidate Unveils New Transit Plan

by Matthew Schuerman

August 04, 2009

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....

Paterson Threatens to Cut Silverstein Out of WTC Design

by Matthew Schuerman

August 03, 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 Aut....

Costs of Dismantling Deutsche Bank Building Rising

by Matthew Schuerman

August 03, 2009

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 cl....

New Development Plans Approved for Pier 57

by Matthew Schuerman

July 31, 2009

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....

MTA to Set Aside $50m Annually for Capital Needs

by Matthew Schuerman

July 31, 2009

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 ....

Hearings on Atlantic Yards Development Continue

by Matthew Schuerman

July 30, 2009

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 t....

MTA Says Tough Times Ahead

by Matthew Schuerman

July 29, 2009

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 bu....

Suit Challenges Public Benefits of E. Harlem Development

by Matthew Schuerman

July 27, 2009

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 Cultura....

Port Auth to Move WTC Retaining Wall, Saving $300G a Day

by Matthew Schuerman

July 24, 2009

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 ....

WTC Planners Scout Alt. Location for Performing Arts Center

by Matthew Schuerman

July 24, 2009

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 l....

Lilly First Tenant in Science Center

by Matthew Schuerman

July 22, 2009

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 towe....

East River Science Park Gains Anchor Tenant

by Matthew Schuerman

July 22, 2009

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 de....

Coney Island Gets City Council Nod

by Matthew Schuerman

July 21, 2009

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 Mem....

Bloomberg Plans to Keep South Brooklyn's Waterfront Industrial

by Matthew Schuerman

July 21, 2009

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 Matth....

Silverstein to Resume Negotiation on WTC

by Matthew Schuerman

July 20, 2009

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 s....

New Payment System May Be Coming to MTA

by Matthew Schuerman

July 17, 2009

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 ....

City's 'Science Park' Still Without Tenants

by Matthew Schuerman

July 16, 2009

* 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 a....