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Downtown Redevelopment News -
September 2004
Tishman Wins Preservation Award

Tishman Interiors Corporation received a Lucy G. Moses Preservation Award from the New York Landmarks Conservancy for its restoration work at the Verizon Building at 140 West St. in Lower Manhattan.

Tishman served as construction manager overseeing the disaster-recovery rebuild and historic preservation. The lead architect for the restoration work was William F. Collins AIA Architects, LLP. Tishman coordinated efforts to restore the building's telecommunications and mechanical systems in the immediate aftermath of the attacks, and later oversaw extensive repairs to 140 West St.'s façade and interiors.


Verizon President Honored

The New York Landmarks Conservancy presented the 2004 Chairman's Award to Paul Crotty, Verizon's group president for New York and Connecticut, for his leadership and heroic efforts to restore the Verizon building at 140 West St. following the Sept. 11 terrorist attacks.

Crotty oversaw the restoration of the landmark 1926 Art Deco building. The collapse of both 7 World Trade Center and the north tower on Sept. 11 resulted in severe damage to the former New York Telephone headquarters requiring both an exterior and interior restoration including the highly detailed lobby, which was designated an interior landmark in 1991.

After two years of careful restoration efforts led by a team of 30 conservators, technicians and artists, which included restoring intricate bronze detailing and reconstructing the frieze on the eastern façade, the lobby was completed in 2003.


LMDC Selects Institutions for WTC Site

The Lower Manhattan Development Corp. announced the selection of a mix of institutions to be located on the World Trade Center site.

The Joyce International Dance Center, the Freedom Center, the Signature Theatre, and the Drawing Center have been offered space on the site. In addition to their own programming, the institutions will host other events and organizations such as the Tribeca Film Festival and the Orpheus Chamber Ensemble. Performance spaces, screening rooms, galleries, education programs, and rehearsal spaces will also be made available for community and cultural uses.

Over the next six months, the four institutions will work closely with the LMDC to conduct a detailed feasibility analysis of their proposed programming, funding capacity, and space requirements. At the end of this period, LMDC will enter into a formal agreement with these organizations and potentially offer substantial challenge grants to assist with the costs of creating these facilities.


Office Buildings under Renovation

Swig Burris Equities, LLC is renovating two downtown office buildings at 5 Hanover Square and 80 Broad St.

Among renovations to 5 Hanover Square, a 25-story, 318,600-sq.-ft. building, are a redesigned building lobby, the installation of a new 2-story glass storefront façade, new elevator cabs, new core bathrooms, new multi-tenant floor upgrades and the installation of state-of-the-art security and fire/life safety systems.

Renovations to 80 Board St., a 36-story, 400,000-sq.-ft. building, include a renovated building lobby, newly refurbished elevator cabs, new core bathrooms and new multi-tenant floor upgrades for newly signed leases within the building and the installation of state-of-the-art security and fire/life safety systems.


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