At the South Street Seaport. Specifically - at the now abandoned Fulton Fish Market building. The new space will be apparently twice the size of its current home on Wooster St., but smaller than the space planned at Ground Zero.
But don't worry. Taxpayers are going to help foot the bill for this project.
The Lower Manhattan Development Corporation, which had been instrumental in bringing the Drawing Center to the trade center project, gave it $150,000 to study alternative sites. In November, the corporation board approved a grant of up to $10 million to the center for its new home, which is expected to cost four or five times that amount.
"It's important to us that the Drawing Center not only relocate to Lower Manhattan but relocate in a way that contributes to the revitalization of Lower Manhattan," said Stefan Pryor, the corporation president.
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