## 2005

Goldman Sachs breaks ground on its 43-story world headquarters, designed by Pei Cobb Freed & Partners, in Battery Park City.

The Metropolitan Transportation Authority (MTA) begins to modernize the 105-year-old South Ferry subway station, improving public space around the station and the connection to the R/W lines at the Whitehall Street station.

MTA also begins demolition work on Broadway, between Fulton and John streets, to make way for the new Fulton Street Transit Center, including the closure of north and southbound 4/5 entrances on Broadway and the R/W entrance at Cortlandt Street. (Closing enables the MTA to build a 150-foot underpass connecting the new transit center's Dey Street Concourse with the PATH station and the World Trade Center site.)

The new Old Slip Park, located beside the New York City Police Museum, opens.

The four-acre Battery Bosque, funded by an $8.5 million grant from the LMDC, opens. The Bosque features 60,000 square feet of new gardens.

Construction begins on the British Garden at Hanover Square, The garden features Unity by British sculptor Anish Kapoor, a "memorial railing" commemorating British victims of 9/11, carved stone that will form a map of the United Kingdom and new benches.

## 2006

Construction begins on the National September 11 Memorial and Museum and 1 World Trade Center.

Silverstein Properties completes 7 World Trade Center, reopening Greenwich Street in front of the building and adding a new park designed by landscape architect Ken Smith, with a public art sculpture by Jeff Koons. Reaching 52 stories, the tower is New York City's first LEED Gold-certified building.

The Promenade South portion of Route 9A between Battery Place and West Thames Street opens.

Zuccotti Park is completed. The 33,000-square-foot park features new trees, flowerbeds, granite paving, significant public seating, and art by J. Seward Johnson Jr., and Mark DiSuvero.

## 2007

MTA completes a new entrance at Broadway and Maiden Lane for northbound 4/5 trains, a new entrance at Broadway and Cortlandt Street for southbound 4/5 trains, and restores the mezzanine level for the 2/3 Fulton Street station.

EDC selects the Dermot Company and the Poulakakos family to develop a 9,000-square-foot programmed Great Hall, a boutique hotel, and a rooftop restaurant at the Battery Maritime Building.

Development of Peter Minuit Plaza begins.

The British Garden at Hanover Square opens.

## 2008

Port Authority completes site excavation for 3 World Trade Center and 4 World Trade Center; Silverstein Properties begins foundation work.

A new temporary PATH Station at the base of the World Trade Center on Vesey Street opens to the public.

The Goldman Sachs world headquarters is completed in Battery Park City.

A decontamination plan for the Borough of Manhattan Community College's Fiterman Hall at 30 West Broadway is approved by regulators. Crews begin cleaning and abatement work.

Underground work on Fulton Street begins and continues throughout 2009, including improvements to street-level access, visibility and connections between subway lines.

Reconstruction of Louise Nevelson Plaza begins. The project includes restoration of the Louise Nevelson sculptures, new stonework and benches and enhanced lighting.

## 2009

Employees move into Goldman Sachs' new Battery Park City headquarters.

Construction of the new 15-story Fiterman Hall for the Borough of Manhattan Community College begins.

The new MTA South Ferry subway station opens to the public.

The R/W entrance at Cortlandt Street reopens to the public.

Construction of the East River Waterfront Esplanade begins. Stretching from Battery Park to East River Park, it will include walking and bike trails, plantings, seating and recreational space, and a redeveloped Pier 15 featuring open space and a maritime educational pavilion and café.

Construction begins on Imagination Playground, an 18,000-square-foot park designed by architect David Rockwell.

## 2010

Mayor Bloomberg and Governor David Paterson allocate $100 million to develop the Performing Arts Center at the World Trade Center site.

1 World Trade Center reaches 52 floors—halfway to the top of the 104-story building.

The first of nearly 400 trees are planted at the 9/11 Memorial Plaza.

The Trust for Governors Island, the city entity charged with operating, planning, and redevelopment, is established. The Trust for Governors Island replaces GIPEC.

The new park at DeLury Square, Fulton and Gold streets opens. The 8,850-square-foot park includes a waterfall, benches and landscaping and will be linked to Pearl Street.

Construction begins on the Battery Park Conservancy's SeaGlass Carousel, an innovative, aquatic-themed ride.

Imagination Playground is completed.

The nearly 10,000-square foot Titanic Park breaks ground and is completed in the same year.

## 2011, Pre-9/11/11

Condé Nast signs a one-million-square-foot lease at 1 World Trade Center.

A topping-out ceremony marks the end of the structural steel phase of the new Fiterman Hall.

BPCA approves a 25-year lease of Pier A to the Poulakakos family and the Dermot Company, to create a 40,000-square-foot restaurant complex.

Louise Nevelson Plaza reopens.

The first phase of the East River Waterfront Esplanade, from Wall Street to Maiden Lane, opens.

Peter Minuit Plaza opens—with seating, plantings, and the Amsterdam Plein & Pavilion, a gift from the Dutch government to commemorate the quadricentennial arrival of Henry Hudson's into the New York Harbor.

Officials open a new subway entrance at William and Fulton streets—part of the Fulton Street Transit Center project.

The Cortlandt Street subway station reopens; it was seriously damaged on 9/11 and closed intermittently over the past decade.

Construction begins on a 5,200-square-foot Pearl Street playground.

## 9/11/11

The September 11 Memorial is to be dedicated on September 11, 2011 and open to the public on September 12, 2011.

## 2012-15

### 2012

The September 11 Museum (adjacent to the September 11 Memorial) is scheduled to open.

The new Fiterman Hall is scheduled for completion.

The Battery Garden Bikeway, which will link the Hudson River Park Bikeway to the East River Esplanade, is scheduled for completion.

Frank Gehry's $10-million Battery Playspace in Battery Park is scheduled for completion, expanding the current playground by 40%.

The Pearl Street Playground is scheduled for completion.

### 2013

4 World Trade Center is scheduled for completion.

Fulton Street reconstruction is scheduled for completion.

East River Waterfront Esplanade is scheduled for completion.

The restaurant complex at Pier A is scheduled for completion.

### 2014

1. World Trade Center and the World Trade Center Transportation Hub are scheduled for completion.

The Battery Maritime Building is scheduled for completion.

### 2015

3 World Trade Center is scheduled for completion.

LOWER MANHATTAN'S LARGEST EMPLOYERS

<table><thead><tr><td>RANKING</td><td>COMPANY NAME</td><td>SQUARE FEET OCCUPIED</td><td>SECTOR</td><td>NUMBER OF EMPLOYEES (est.)</td></tr></thead><tbody><tr><td>1</td><td>City of New York</td><td>5,401,547</td><td>Government</td><td>21,606</td></tr><tr><td>2</td><td>Bank of New York Mellon Corp.</td><td>2,642,462</td><td>FIRE</td><td>10,570</td></tr><tr><td>3</td><td>Deutsche Bank</td><td>2,583,794</td><td>FIRE</td><td>10,335</td></tr><tr><td>4</td><td>Merrill Lynch & Co., Inc.</td><td>2,581,906</td><td>FIRE</td><td>10,328</td></tr><tr><td>5</td><td>Goldman Sachs Group</td><td>2,100,000</td><td>FIRE</td><td>8,400</td></tr><tr><td>6</td><td>J.P. Morgan Chase & Co.</td><td>1,953,916</td><td>FIRE</td><td>7,816</td></tr><tr><td>7</td><td>State of New York</td><td>1,917,970</td><td>Government</td><td>7,672</td></tr><tr><td>8</td><td>Metropolitan Transportation Authority</td><td>1,686,136</td><td>Government</td><td>6,745</td></tr><tr><td>9</td><td>American Express Company</td><td>1,270,932</td><td>FIRE</td><td>5,084</td></tr><tr><td>10</td><td>Verizon Global Solutions, Inc.</td><td>1,171,540</td><td>Technology</td><td>4,686</td></tr><tr><td>11</td><td>U.S. Government</td><td>1,163,719</td><td>Government</td><td>4,655</td></tr><tr><td>12</td><td>Standard & Poor's</td><td>1,055,994</td><td>Professional Svcs</td><td>4,224</td></tr><tr><td>13</td><td>Citicorp Investment Services</td><td>969,125</td><td>FIRE</td><td>3,877</td></tr><tr><td>14</td><td>American International Group, Inc.</td><td>889,222</td><td>FIRE</td><td>3,557</td></tr><tr><td>15</td><td>NY Stock Exchange Euronext</td><td>869,617</td><td>FIRE</td><td>3,478</td></tr><tr><td>16</td><td>Deloitte & Touche, LLP</td><td>747,525</td><td>Professional Svcs</td><td>2,990</td></tr><tr><td>17</td><td>Moody's Investor Services</td><td>668,594</td><td>FIRE</td><td>2,674</td></tr><tr><td>18</td><td>Depository Trust & Clearing Corp.</td><td>608,242</td><td>FIRE</td><td>2,433</td></tr><tr><td>19</td><td>Sullivan and Cromwell</td><td>584,504</td><td>Professional Svcs</td><td>2,338</td></tr><tr><td>20</td><td>Royal Bank of Canada</td><td>539,307</td><td>FIRE</td><td>2,157</td></tr></tbody></table>

Sources: CoStar, Alliance for Downtown New York