Streams

Matthew Schuerman

Editor, WNYC

Matthew Schuerman appears in the following:

WTC Redevelopment Impasse Enters Arbitration

Wednesday, August 05, 2009

Back in May two governors, one mayor, and developer Larry Silverstein held a summit at Gracie Mansion to work out their differences.

BLOOMBERG: We cannot allow this not to get done. And we're not going to negotiate in public. we're not going to sit there and ...

Comment

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 ...

Comment

Bloomberg the Candidate Unveils New Transit Plan

Tuesday, 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 Schuerman has more.

REPORTER: At a campaign event, the Mayor introduced 33 ideas ...

Comment

Paterson Threatens to Cut Silverstein Out of WTC Design

Monday, 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 Authority drag on. In a letter to Silverstein, the governor says he doesn't want ...

Comment

Costs of Dismantling Deutsche Bank Building Rising

Monday, 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 clean and demolish the tower. But WNYC's Matthew Schuerman says the government agency has ...

Comment

MTA to Set Aside $50m Annually for Capital Needs

Friday, 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 borrows about $2 billion dollars annually for new equipment, station rehabs and mega-projects. ...

Comment

New Development Plans Approved for Pier 57

Friday, 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 Park Trust.

The board of directors conditionally selected the Manhattan firm "YoungWoo ...

Comment

Hearings on Atlantic Yards Development Continue

Thursday, 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 to the project's footprint, criticized many of the changes made to the proposal, since it was ...

Comment

MTA Says Tough Times Ahead

Wednesday, 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 budget estimates may turn out to be wrong, if the economy gets worse.

HEMMERDINGER: The takeaway from ...

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Suit Challenges Public Benefits of E. Harlem Development

Monday, 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 Cultural Center is supposed to be a 1.7 million square foot complex, spread ...

Comment

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

Friday, 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 developer Larry Silverstein more than a year ago. But ...

Comment

WTC Planners Scout Alt. Location for Performing Arts Center

Friday, 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 location from the northern end to the southern end - where the site ...

Comment

East River Science Park Gains Anchor Tenant

Wednesday, 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 developer with government assistance at 29th Street and the FDR Drive. ...

Comment

Lilly First Tenant in Science Center

Wednesday, 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 tower is completed next summer. WNYC's Matthew Schuerman has more.

REPORTER: Mayor Bloomberg has said ...

Comment

Bloomberg Plans to Keep South Brooklyn's Waterfront Industrial

Tuesday, 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 Matthew Schuerman has more.

REPORTER: Bloomberg's spent a lot of his time in office advocating for residential ...

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Coney Island Gets City Council Nod

Tuesday, 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 Member Dominic Recchia says the deal calls for more affordable housing than was originally planned and ...

Comment

Silverstein to Resume Negotiation on WTC

Monday, 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 site. Silverstein wants the Port Authority, which owns the land, to guarantee the loans ...

Comment

New Payment System May Be Coming to MTA

Friday, 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 the MTA has been trying to develop just such a system for years, ...

Comment

City's 'Science Park' Still Without Tenants

Thursday, 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 any leases with prospective tenants. WNYC's Matthew Schuerman reports.

The city and ...

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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 ...

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