Matthew Schuerman

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 ...

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 ...

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 ...

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 ...

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 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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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. ...

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 ...

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 ...

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 ...

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 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, ...

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 ...

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 ...

Construction projects are stalling around the city and condos are sitting unoccupied. Your Uncommon Economic Indicators project is rolling out a new map, Halted Development, to pin point where it's happening and we need your help. Click here to tell us about stalled residential construction or unoccupied condos. ...