Twenty firms, mostly in the technology field, have submitted proposals to open offices in Lower Manhattan, in a move that could transform the cultural makeup of the neighborhood, Crain’s reported. The city, in an attempt to encourage tech migration to the Sandy-ravaged neighborhood, will announce the 20 finalists who will receive grants from $10,000 to $250,000 to establish a presence there. “These companies may gravitate to lower Manhattan over time, which could take years,” a [more]
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