New Orleans is seeking to model the Louisiana Recovery Authority (LRA) on the LMDC for distribution of $6.2 billion in federal funds for revitalization of the city.
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LMDC Chairman John Whitehead says New York Attorney General Eliot Spitzer is out to personally get him in a flap over one of the biggest donors to the WTC Memorial Foundation.
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In response to the Daily News blistering attack on waste and corruption at LMDC, the organization’s president Stefan Pryor responded saying LMDC policies have contributed to Lower Manhattan’s resurgence to where in many ways it’s better off than even before 911.
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The memorial design director for LMDC says they will pull the plug on the waterfalls at the World Trade Center Memorial during winter months.
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The Daily News in a damning series of articles on how LMDC has squandered more than $20 billion at Ground Zero with the pit still open notes that $22 million in federal funds went to LMDC board member pet projects.
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LMDC in trying to make the cost of the WTC Memorial more palatable has revealed that architecture and engineering fees for the memorial and museum are going to exceed 25 percent of the cost.
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The Daily News reports that Mayor Bloomberg and Gov. Pataki find “attractive” the Port Authority’s offer to quarterback the $800 million WTC Memorial.
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Mayor Bloomberg and Gov. Pataki finally appointed members of the LMDC with the stated aim that they will not be potted plants.
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LMDC has paid $10 million in fed funds to the Drawing Center to relocate some place other than Ground Zero.
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The New York Times reports LMDC and the World Trade Memorial Foundation are clashing over the cost of the $400 to $500 million memorial.
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Various papers have decried that what should have been a simple LMDC informational meeting about the dismantling of the Deutsche Bank building at Ground Zero resulted in loud protests in which visitors held up signs and taped their mouths shut.
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Mayor Michael R. Bloomberg formally unveiled $150 Million plan for a 2 mile extension of perhaps the most spectacular urban walks in the country. It will also cover 350 feet of the Battery Tunnel to make it into a park.
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Gov. Pataki has promoted Stefan Pryor as President of the Lower Manhattan Development Corporation to succeed Kevin Rampe.
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Governor Pataki has announced plans to contribute $300 Million in state aid to complete the WTC Memorial.
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The Daily News which normally is the most supportive of the downtown developments took LMDC to task for not decisively handling matters.
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