Hughes Corp. Pulls Seaport Development Out of Tough Waters

NEW YORK CITY-After meeting with some community pushback on its plan to redevelop the South Street Seaport, Howard Hughes Corp. has struck a unique partnership with local officials and other impacted parties to get residents onboard with the project before moving forward.

The company announced Tuesday it has agreed to wait—for however long it takes—for recommendations from the newly formed “Seaport working group,” which is comprised of Manhattan borough president Gail Brewer; Margaret Chin, the area’s City Council representative; members of neighborhood advocacy groups and the community board, residents, area business owners and Howard Hughes staffers. Assembly apeaker Sheldon Silver will host the first meeting on Thursday.