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United Nations Development Corporation
The United Nations Development Corporation (UNDC) is a public-benefit corporation in the U.S. state of New York that helps the United Nations with its real estate, office space, and development needs. It was created in 1968. The UNDC is permitted to develop and operate real estate only within a prescribed area (the "Development District") in the vicinity of the United Nations headquarters in Manhattan. The boundaries of the Development District and other powers of the Corporation are subject to change to the extent provided by additional legislation. Organization The UNDC has a 14-member board of directors. Its management team is headed by Executive Vice President and General Counsel Robert Cole, who reports to the board. In 2017, the UNDC had operating expenses of $28.05 million, an outstanding debt of $70.11 million, and a level of staffing of 12 people. Facilities The UNDC has assisted in developing One UN Plaza, Two UN Plaza, and Three UN Plaza. Three UN Plaza is leased to U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York State Public Benefit Corporations
New York state public-benefit corporations and authorities operate like quasi-private corporations, with boards of directors appointed by elected officials, overseeing both publicly operated and privately operated systems. Public-benefit nonprofit corporations share characteristics with government agencies, but they are exempt from many state and local regulations. Of particular importance, they can issue their own debt, allowing them to bypass limits on state debt contained in the New York State Constitution. This allows public authorities to make potentially risky capital and infrastructure investments without directly putting the credit of New York State or its municipalities on the line. As a result, public authorities have become widely used for financing public works, and they are now responsible for more than 90% of the state's debt. The growing influence of public authorities over state and local financing, coupled with their ability to avoid regulations applicable to gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hudson River Park
Hudson River Park is a waterfront park on the North River (Hudson River) that extends from 59th Street south to Battery Park in the New York City borough of Manhattan. The park, a component of the Manhattan Waterfront Greenway, stretches and comprises , making it the second-largest park in Manhattan after the Central Park. Hudson River Park is a joint state and city collaboration, but is organized as a New York State public-benefit corporation. Plans for the park were devised in the late 1980s following the cancellation of the Westway plan, which had proposed an interstate highway to replace the deteriorated West Side Elevated Highway. The park was built starting in the 1990s in conjunction with the construction of the surface-level West Side Highway. Work was completed over several stages through the 2010s. Hudson River Park connects many other recreational sites and landmarks. It runs through the Manhattan neighborhoods of Lower Manhattan (including Battery Park City, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In New York City
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artific ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Benefit Corporations In New York (state)
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkeit'' or public sphere. The concept of a public has also been defined in political science, psychology, marketing, and advertising. In public relations and communication science, it is one of the more ambiguous concepts in the field. Although it has definitions in the theory of the field that have been formulated from the early 20th century onwards, and suffered more recent years from being blurred, as a result of conflation of the idea of a public with the notions of audience, market segment, community, constituency, and stakeholder. Etymology and definitions The name "public" originates with the Latin '' publicus'' (also '' poplicus''), from ''populus'', to the English word ' populace', and in general denotes some mass population ("the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State University Construction Fund
The State University Construction Fund is a New York State public-benefit corporation that addresses the construction and capital planning needs of the State University of New York The State University of New York (SUNY, , ) is a system of public colleges and universities in the State of New York. It is one of the largest comprehensive system of universities, colleges, and community colleges in the United States. Led by c ... and affiliated institutions. The mission of the fund is to act as an agent of the university to provide funding for buildings and to help reduce the time between the determination of need and the availability of the completed buildings. The fund is run by a three-person Board of Trustees. One trustee is selected from the members of the SUNY Board of Trustees, and the other two are nominated by the Governor and confirmed by the State Senate.New York Education Law § 371. See also * Dormitory Authority of the State of New York * Empire State Developme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Olympic Regional Development Authority
The Olympic Regional Development Authority (ORDA) is a New York State public benefit corporation, created by the State of New York to manage the facilities used after the 1980 Olympic Winter Games at Lake Placid, New York. ORDA is the only state-owned ski area organization in the United States. Destinations they operate include Whiteface Mountain, Gore Mountain, and Belleayre Mountain. ORDA operates the Olympic Center which houses ice skating, museum, event space, and offices for ORDA. It also operates the Olympic Sports Complex and Mount Van Hoevenberg located five miles from Lake Placid and the Olympic Ski Jumping Complex. History On July 1, 1981, the New York State legislature (Article 8, Title 28, NYS Public Authorities Law) declared ORDA to maintain and operate all the Olympic sites of Lake Placid after the final 1980 winter Olympics. In 1984 ORDA acquired Gore Mountain and added it to its portfolio. In November 2011 Belleayre was transferred from the New York ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipal Assistance Corporation
A Municipal Assistance Corporation (MAC) was an independent New York State public-benefit corporation created by the State of New York for purposes of providing financing assistance and fiscal oversight of a fiscally-distressed city. Two MACs are explicitly designated under New York law. Best known is the MAC created for New York City during the 1975 New York City fiscal crisis. The corporation was born of a recommendation made by a special panel composed of Simon H. Rifkind, Felix G. Rohatyn, Richard M. Shinn and Donald B. Smiley. The majority of appointees to the corporation’s board were made by the Governor, initially by New York Governor Hugh Carey. Members of the MAC included Donna Shalala, later the United States Secretary of Health and Human Services. As part of the creation of MAC, the state passed legislation that converted the city’s sales and stock transfer taxes into state taxes. In 2008, having sold almost $10 billion in bonds to keep the city solvent through i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Manhattan Development Corporation
The Lower Manhattan Development Corporation was formed in November 2001, 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. History The Lower Manhattan Development Corporation was formed in November 2001 by then-Governor George Pataki and then-Mayor Rudolph Giuliani. The LMDC is a joint State-City corporation governed by a 16-member Board of Directors, half appointed by the Governor of New York and half by the Mayor of New York. As a result, Pataki and Giuliani appointees dominate the LMDC. Its original chairman was John C. Whitehead, a former Deputy Secretary of State and head of Goldman Sachs. One of its first projects was the granting of more than $40 million for parks and green space. In February 2003, the LMDC chose Daniel Libeskind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Javits Center
The Jacob K. Javits Convention Center, commonly known as the Javits Center, is a large convention center on Eleventh Avenue (Manhattan), Eleventh Avenue between 34th Street (Manhattan), 34th Street and 38th Street in Hell's Kitchen, Manhattan, New York City. It was designed by architect James Ingo Freed of Pei Cobb Freed & Partners. The space frame structure was constructed from 1980 to 1986 and was named to honor Jacob Javits, the United States Senator for New York. When the Javits Center opened, it replaced the New York Coliseum at Columbus Circle as the city's major convention facility; the Coliseum was subsequently demolished and replaced by Time Warner Center. The Javits Center is operated and maintained by the New York Convention Center Operating Corporation, a New York state public-benefit corporations, New York State public-benefit corporation. , the Javits Center has a total interior area of . It is billed as one of the busiest convention centers in the United States. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Battery Park City
Battery Park City is a mainly residential planned community and neighborhood on the west side of the southern tip of the island of Manhattan in New York City. It is bounded by the Hudson River on the west, the Hudson River shoreline on the north and south, and the West Side Highway on the east. The neighborhood is named for the Battery, formerly known as Battery Park, located directly to the south. More than one-third of the development is parkland. The land upon which it is built was created by land reclamation on the Hudson River using over of soil and rock excavated during the construction of the World Trade Center, the New York City Water Tunnel, and certain other construction projects, as well as from sand dredged from New York Harbor off Staten Island. The neighborhood includes Brookfield Place (formerly the World Financial Center), along with numerous buildings designed for housing, commercial, and retail. Battery Park City is part of Manhattan Community District ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Empire State Development Corporation
Empire State Development (ESD) is the umbrella organization for New York's two principal economic development public-benefit corporations, the New York State Urban Development Corporation (UDC) and the New York Job Development Authority (JDA). The New York State Department of Economic Development (DED) is a department of the New York government that has been operationally merged into ESD. ESD gives its mission as promoting the state economy, encouraging business investment and job creation, and supporting local economies through loans, grants, tax credits, real estate development, marketing and other forms of assistance. History The state Division of Commerce was created in 1941 and subsumed several state bureaus and the Bureau of Industry. It was replaced in 1944 by the state Department of Commerce. The New York State Urban Development Corporation (UDC) was created in 1968 by the York State Urban Development Corporation Act. On August 31, 1987, the Omnibus Economic Developme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five Boroughs of New York City, boroughs of New York City. The borough is also coextensive with New York County, one of the List of counties in New York, original counties of the U.S. state of New York (state), New York. Located near the southern tip of New York State, Manhattan is based in the Eastern Time Zone and constitutes both the geographical and demographic center of the Northeast megalopolis and the urban core of the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. Over 58 million people live within 250 miles of Manhattan, which serves as New York City’s economic and administrative center, cultural identifier, and the city’s historical birthplace. Manhattan has been described as the cultural, financial, Media in New York City, media, and show business, entertainment capital of the world, is considered a saf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
_off_New_York_City_c1932.jpg "Click for more on -> Hudson River Park")
