Lower Manhattan project will have public space, if it’s built

According to the Downtown Express, Manhattan Borough President Scott Stringer got new concessions from developer Dermot Company in exchange for his approval of the redevelopment of the Battery Maritime Building, at 10 South Street at Broad Street. The 9,200-square-foot second floor of the $150 million project will be open to the public during the day on weekdays and on alternating weekends. At night and on some weekends, it will be closed for private parties and events to generate revenue. The project, however, may not definitely go forward as it is still under review by the City Planning Commission and it is not clear if Dermot has funding for it yet. The developer said last year that it would begin looking for private funding in early 2009.