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Lower Manhattan Development Corporation information


Lower Manhattan Development Corporation
Company typeSubsidiary
FoundedNovember 2001; 22 years ago (2001-11)
ParentEmpire State Development Corporation
Websiterenewnyc.com

The Lower Manhattan Development Corporation was formed in November 2001,[1] following the September 11 attacks, to plan the reconstruction of Lower Manhattan and distribute nearly $10 billion in federal funds aimed at rebuilding downtown Manhattan. It is a subsidiary of the Empire State Development Corporation, which is a New York state public-benefit corporation.

  1. ^ "Governor and Mayor Name Lower Manhattan Development Corporation" (Press release). November 29, 2001.

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