Liberty Bonds At-A-Glance:
(Last updated 11/08)

Liberty Bond Program (total allocation of $8 billion)

LIBERTY BONDS APPROVED: $4.691 billion
LIBERTY BONDS REMAINING: $3.309 billion

Geographic restrictions: Up to $2 billion can be allocated outside the Liberty Zone. However, rental housing and public utilities can only be financed within the Liberty Zone.

Use restrictions: Rental housing -- Up to $1.6 billion; Retail -- Up to $800 million; Commercial real estate or public utilities -- At least $5.6 billion

LIBERTY BONDS – Commercial (total allocation of $6.4 billion, including commercial real estate, retail and public utilities)

New York State Liberty Development Corporation (allocation of $3.2 billion) - Approved

Date of Approval	Amount	Developer	Site
8/2/2006	$52 million	The National Sports Museum Project*	26 Broadway
7/23/07	$250 million	Goldman Sachs	Battery Park City site 26
9/26/05	$1.4 billion	Goldman Sachs	Battery Park City site 26 (West Street between Vesey and Murray)
11/13/2003	$38.9 million	Robert De Niro & Ira Drukier	377 Greenwich Street
Total	$1,740,900,000

*Note: In September 2008, the Museum defaulted on its Liberty Bonds and has since been working to renegotiate a payment schedule. A December 9, 2008 New York Times article titled "Sports Museum Having Problems" reported the museum is not meeting its attendance targets, has laid off employees, cut ticket prices, and will no longer be open on Mondays.

New York State Liberty Development Corporation - Projects given preliminary approval

Date of LDC Inducement	Amount	Developer	Site
6/14/2006	$1,672,550,000	World Trade Center Properties LLC	World Trade Center Site

Note: Together, these total over $3.4 billion, though the NYS Liberty Development Corporation had only $3.2 billion to allocate.

New York City Industrial Development Agency (allocation of $3.2 billion) – Approved

Date of Approval	Amount	Developer	Site
3/9/06	$50 million	Joseph Moinian	123 Washington Street
2/5/04	$650 million	Durst Organization	One Bryant Park
10/14/03	$80 million	IAC/InterActiveCorp. & its wholly owned affiliate HTRF Ventures, LLC	527-537 West 18^th Street (11th Avenue) Manhattan
1/14/2003	$475 million (increased from original $400 million in January 2005)	Larry Silverstein	7 World Trade Center
9/9/2002	$90.8 million	FC Hanson	Atlantic Terminal, Brooklyn
Total	$1,345,800,000

Residential Liberty Bonds (total allocation of $1.6 billion)

New York State Housing Finance Agency (allocation of $800 million) – Approved

Date of Approval	Amount	Developer	Site
6/3/04	$112.5 million	Boymelgreen Developers LLC.	88 Leonard St.
3/4/04	$98.8 million	Albanese Development	211 North End Ave, Battery Park City site 18B
3/4/04	$95 million	Lalezarian Developers American Property Financing, Inc.	100 Maiden Lane*
2/5/04	$138 million	Leonard Litwin Glenwood Managment Corp	10 Barclay Street
3/12/2003	$46.3 million	Zuberry Associates	213 Front Street in South Street Seaport
8/7/2002	$95 million	Leonard Litwin Glenwood Management Corp	10 Liberty Street
8/7/2002	$109.2 million	Related Companies	325 North End Avenue/Tribeca Green--Battery Park City site 19B
8/7/2002	$101.5 million**	Albanese Development	20 River Terrace, Battery Park City site 18A
State amount approved	$796,300,000

* 100 Maiden Lane formerly housed the Cadwalader Wickersham & Taft headquarters; the firm is moving from this location to the World Financial Center, according to the Bond Buyer.

** Originally approved at $100 million - additional bonds authorized 1/21/04.

New York City Housing Development Corporation (allocation of $800 million) - Approved

Date of Initial Agreement/Approval	Maximum Amount Approved	Developer	Site
2/25/2004	$104 million*	Brack Capital Real Estate (BCRE)	90 West St.
12/4/2003	$132.5 million	RBNB Wall St. (Nathan Berman and Yaron Bruckner)	63 Wall Street
8/21/2003	$162 million**	Rockrose Development	2 Gold Street
6/4/2003	$74.8 million	Moinian Group	90 Washington Street
5/15/2006	$66.4 million	RBNB 20 (Nathan Berman and Yaron Bruckner)	20 Exchange Place
11/06	$65 million	Rockrose Development	201 Pearl Street
2/25/08	$203.9 million	Forest City Ratner Companies	8 Spruce St./60 Beekman St.
City amount approved	$808,600,000

* HDC's 2004 Annual Report lists the Liberty Bond amount as $101 million, but the Financing Commitment and Agreement between HDC and BCRE, and the Official Statement released for bond buyers list the amount as $104 million.

** The 2003 Official statement lists the Liberty Bond amount as $177.5 million. This bond was refunded by bonds issued on April 7, 2006 in the amount of $162 million. .

New York State Housing Finance Agency – Proposed

Date	Amount	Developer	Site
2/2004	$81 million	Joseph Moinian and Abraham Leser	18-20 West St.
12/2003	$107.9 million	The Related Cos	Tribeca Green Housing Project, Battery Park City

New York City Housing Development Corporation - Proposed

Amount	Developer	Site
$145 million	The Witkoff Group	10 Hanover Square (between Pearl & Water)
$200 million	Jack Resnick & Sons	West Street (between Chambers & Warren)
$80 million	Cammeby's Mngmt Co./Witkoff Group	233 Broadway
$45 million	Cammeby's Mngmt Co.	3/9 Beekman Street