Lower East Side BID to Ring Opening Bell at New York Stock Exchange

Posted on: August 11th, 2011 at 6:09 am by

World markets are in the toilet, but there’s still plenty of clapping at the opening and closing bells of the New York Stock Exchange, a podium where celebrities are often given honors. Today’s guests are more low-key and of the neighborhood. Indeed, later this morning – 9:30 am – staff from the Lower East Side Business Improvement District will kick off another day of riding the proverbial roller coaster.  For whom the bell tolls, indeed.

This image has been archived or removed.

[Photo Credit: Ande Whyland]

Said Tim Lemberger of the BID, “the LES logo will be seen worldwide! We’re very excited.”  We also learned that gallery owner and board President Mark Miller will officially ring the bell on behalf of the neighborhood.  His family apparently has ties to the founding of the Exchange way back in 1792.

Meanwhile, here’s Lower East Side resident Nouriel “Dr. Doom” Roubini on the double-dippage:

The U.S. economy is heading into a “double-dip” recession, Nouriel Roubini, the co-founder and chairman of New York-based Roubini Global Economics LLC, said in an interview on Bloomberg Television. The European Central Bank can’t keep buying Italian and Spanish bonds for too long, he said. Advanced economies, including Japan and the U.K., are in trouble, Roubini said.

Roubini purchased a swanky home at 6 East First Street last year for $5.5 million.

Recent Stories

Broad Daylight Bike Theft Outside Luxury Condo on Orchard Street

Thieves are becoming more brazen on the Lower East Side. Case in point, this bike thief on Orchard Street in broad daylight. A resident captured video of this man clipping a lock at 11:30am outside the luxury condo building at 196 Orchard Street on Sunday morning. The thief used an angle grinder to cut the […]

‘Cock’ Fight at CB3 Over Rivington Street Club

The Cock fight appears to be heating up. A large, vocal contingent of Hell Square residents is diametrically opposed to the bar moving into the former home of Fat Baby on Rivington Street. At issue is the business itself, which has come under fire in recent years from Second Avenue residents for being an unruly […]

Thirty Years Around the Block: The Story Behind the Clayton Patterson x Supreme Collaboration

Neighborhood documentarian Clayton Patterson has a new collaboration out now with Supreme. The question is, how did I connect with Supreme? It is a story that took about thirty years to get around the block. Just about all of the connections were through the streets of the Lower East Side. Here is how it happened; […]

Chinatown, SoHo, and NoHo Stand in Protest Against City’s Proposed Rezoning

Chinatown finds itself caught in a squeeze play with mega-towers set to loom over the Two Bridges neighborhood to its east and the rezoning of SoHo and NoHo to the west. As it turns out, Mayor de Blasio’s 11th-hour rezoning plan for the city’s historic districts will also include large swaths of Chinatown. Yesterday, a […]

The ‘Plus Pool’ Might Soon be a Reality off Two Bridges Coastline

More than ten years in the making, a daring pool pitch is a lap closer to reality in the East River. Just in time for a slate of new luxury skyscrapers. The so-called Plus Pool (stylized +POOL), that intriguing self-filtering swimming pool, will park in the Two Bridges neighborhood in the not-so-distant future, according to […]