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NYC Closes the Gap on East River Greenway

NEW YORK CITY-The United Nations is investing $73 million to purchase the remaining piece of the 32-acre tract spanning 38th and 60th Streets on Manhattan’s East Side.

By Jacqueline Hlavenka | Updated on October 06, 2011

NEW YORK CITY-Mayor Michael Bloomberg and state officials will sign a memorandum of agreement late Thursday that will allow the United Nations to expand its Manhattan campus and fill the last remaining gap of the East River Greenway, the city announced in a statement. Under the agreement, the United Nations Development Corp. would make payments totaling $73 million to a special purpose fund and the Eastside Greenway park fund to purchase the land adjacent to its current campus, located between East 41st and East 42nd Streets on 1st Avenue.

In leading up to the agreement, legislation was passed in June that created a framework for the UN to utilize the western portion of space into a public park. The legislation also included parameters to allow the UN to consolidate their office space into one central location that could connect to its existing East Side campus. When complete, the park will complete the 32-acre greenway tract spanning 38th and 60th Streets.

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