Notice of Public Hearing - The Status of the Redevelopment of Lower Manhattan and Ground Zero

NYS Seal

SHELDON SILVER, SPEAKER OF THE ASSEMBLY

ASSEMBLY STANDING COMMITTEE ON CORPORATIONS, AUTHORITIES AND COMMISSIONS

NOTICE OF PUBLIC HEARING

SUBJECT:	The Status of the Redevelopment of Lower Manhattan and Ground Zero

PURPOSE:	This hearing will seek the details and status of the plans and timetable for the redevelopment of Ground Zero and the surrounding structures, as well as examine the utilization of the incentive programs intended to spur the redevelopment of Lower Manhattan.

Manhattan
Thursday, May 18, 2006
10:30 am
7 World Trade Center
25th Floor
Corner of Greenwich and Barclay Streets
New York, New York

TESTIMONY WILL BE BY INVITATION ONLY

In recent weeks, an agreement has reportedly been reached by the City of New York, the Port Authority of New York and New Jersey and developer Larry Silverstein regarding the proposed redevelopment at Ground Zero. This hearing will seek information on the status and terms of this current agreement, such as: the timetable for construction and preparation of the infrastructure, including the deconstruction of the Deutsche Bank building and Fitterman Hall; the timetable for the construction of the towers, retail development such as the Church Street corridor and the memorial; the provisions in place to ensure adherence with the schedule, and who is responsible for the enforcement of the timetable; and the source and allocation of funding for each component.

In addition, the hearing seeks to examine the actions that the parties have taken thus far to accelerate redevelopment in Lower Manhattan and Ground Zero including the utilization of business recovery programs such as the Job Creation and Retention Grant Program (JCRP), the Small Firm Attraction and Retention Grant Program (SFARG), and the initiatives contained in the legislation passed by the Legislature last year providing tax exemptions and square footage incentive pricing targeting the leasing of commercial space at the World Trade Center.

Persons invited to present pertinent testimony to the Speaker and the Committee at the above hearing should complete and return the reply form as soon as possible. It is important that the reply form be fully completed and returned so that persons may be notified in the event of emergency postponement or cancellation.

Oral testimony will be limited to 10 minutes' duration. Ten copies of any prepared testimony should be submitted at the hearing registration desk. An advance receipt of prepared statements would be appreciated.

In order to meet the needs of those who may have a disability, the Assembly, in accordance with its policy of non-discrimination on the basis of disability, as well as the 1990 Americans with Disabilities Act (ADA), has made its facilities and services available to all individuals with disabilities. For individuals with disabilities, accommodations will be provided, upon reasonable request, to afford such individuals access and admission to Assembly facilities and activities.

Sheldon Silver
Speaker of the Assembly

Richard Brodsky
Member of Assembly
Chairman
Committee on Corporations, Authorities and Commissions

PUBLIC HEARING REPLY FORM Persons invited to present testimony at the public hearing on the Status of the Redevelopment of Lower Manhattan and Ground Zero on Thursday May 18, 2006 are requested to complete this reply form as soon as possible and mail or fax it to: Caitlin Shaheen Legislative Analyst Assembly Committee on Corporations, Authorities and Commissions Room 513 - Capitol Albany, New York 12248 Email: shaheec@assembly.state.ny.us Phone: (518) 455-4881 Fax: (518) 455-4128

	I plan to attend the following public hearing on the Status of the Redevelopment of Lower Manhattan and Ground Zero to be conducted by Speaker Silver and the Assembly Committee on Corporations, Authorities and Commissions on May 18, 2006.

	I have been invited to make a public statement at the hearing. My statement will be limited to 10 minutes, and I will answer any questions that may arise. I will provide 10 copies of my prepared statement.

	I would like to be added to the Committee mailing list for notices and reports.

	I would like to be removed from the Committee mailing list.

	I will require assistance and/or handicapped accessibility information. Please specify the type of assistance required:



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