It developed the groundbreaking Faneuil Hall Marketplace in Boston, which some credit with reviving Boston's inner city, and also owns Chicago's Water Tower Place and New York's South Street Seaport.

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The worst damage in New York came from a 13-foot storm surge that filled Battery Park City and streets from the South Street Seaport throughout the Lower East Side.

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The smaller museum now presents exhibitions and public programs at Lincoln Square, a gallery space near Lincoln Center for the Performing Arts, and collaborates with other institutions, including the South Street Seaport Museum.

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