Lower Manhattan Development Corporation

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

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.