City Planning Convention Center
Mayor Lindsay discloses scaledâdown plans for $31âmillion consol passenger terminal to be located on Hudson River between 48th and 52nd Streets and plans for nation's largest convention and exhibition center to be located above Hudson river between 44th and 47th Streets, news conf; says major 'differences' over passenger terminal have been resolved with strong cooperation of ss lines, unions and Port of NY Auth; says city has committed $26âmillion in its capital construction budget and that Port Auth has agreed to put up remaining $5âmillion; notes construction will begin in summer; Port Auth exec dir A J Tobin says Port Auth will build terminal within 2 yrs and then lease it from city for 20 yrs; ILA exec vp J Bowers says projects should provide more jobs for waterfront workers; conv center plans described; sketches of project; map of proposed sites