Post-9/11, Wall Street Goes From Rubble to Renaissance
Redevelopment plans are far from over. This summer, Mayor Bloomberg unveiled the East River Esplanade—a $160 million investment to beautify the waterfront from Wall Street to Maiden Lane.
And for the grand finale, the southern-most tip of Manhattan will complete “The Battery,” by 2013. With $57 million from the city, the LMDC, and the Federal Department of Transportation, this 23-acre park will be complete with a sea-glass carousel.
“Post 9/11, it will bring together the water, the Staten Island Ferry, the No. 1 subway, the bus loop and the bikeway,” said Warrie Price, the president of the Battery Conservancy.
If the goal was to rejuvenate Lower Manhattan, it has been realized. Though the World Trade Center got off to a very slow start, the surrounding neighborhood is now a vibrant model of economic growth. Affordability, however, is another matter.