Post tagged with

FINANCIAL DISTRICT

Massive May Day March Ends Where Occupy Wall Street Began


Photos: Tim Schreier

A May Day march from Union Square to Wall Street, which some estimated to be over 30,000 people strong, ended with hundreds of participants gathering at the Vietnam Veterans Memorial Plaza near Battery Park, and then at Zuccotti Park after they were pushed out of the plaza by police.

The permitted march, which began after Tom Morello and members of his “guitarmy” performed at Union Square, stretched many blocks down Broadway and was both leisurely and boisterous. There was, however, the occasional scuffle: as The Local previously reported, bystanders booed and chanted “Shame!” as a photographer was arrested for climbing atop a food cart to take bird’s-eye photos. The police estimated that there were “above 30” arrests throughout the day, but were not able to give an exact number as of 2 a.m. Read more…


Survey Says: N.Y.U. Should Expand Elsewhere

Proposed Aerial

A study commissioned by opponents of N.Y.U.’s expansion finds that the city’s economy would be better served if it were built outside of Greenwich Village. The report, released today by the Greenwich Village Society for Historic Preservation, states that the Financial District, Downtown Brooklyn and Long Island City could all better accommodate the amount of construction required for N.Y.U. 2031 while also reaping the benefits of the influx of students and scholars. The analysis comes only weeks after the Greenwich Village-Chelsea Chamber Commerce released its own study highlighting the economic benefits of the expansion in Greenwich Village, as well as its support among local merchants.


First Person | East Village Newsboy

M_Post-1A-vS-crop-FINAL-V2Tim Milk

With the threat of another recession looming large in the markets, I can’t help but recall another steep downturn, long ago; a terrible time when work was nearly nonexistent. By the summer of 1979 most young people were broke as a joke. But this was not true of a friend of mine, who will hereafter go by the name of “M”

Until M busted a move to help me out, I didn’t have a single prospect. But I had been told, in hushed and reverent tones, that M possessed a secret method of raising cash. M by and by revealed what it was, an absurdly simple scheme, diabolically clever. It involved selling all the joys and sorrows of the world for nothing more than pocket change.

It was the world of the newsboy. Read more…