NEW YORK - One person was killed and three others were hurt when a crane collapsed in lower Manhattan Friday morning.

The FDNY says the incident happened shortly after 8 a.m. at 40 Worth St. and West Broadway.

Police say 38-year-old David Wichs, a Wall Street worker from Manhattan, was pronounced dead at the scene. He was walking on the sidewalk at the time.

A 45-year-old woman and a 73-year-old man were hospitalized in stable condition. The third surviving victim suffered minor injuries, according to city officials.

Bay Crane Services, which has offices in Hicksville and Long Island City, is the company that owns the crane. The company had no one available to comment.

Mayor Bill de Blasio says the crane was being lowered as a precaution because of wind when the accident occurred. The mayor says proper procedures were followed when the collapse happened, and he added that the crane had been inspected as recently as Thursday.

Before the news conference, de Blasio toured the site, speaking with first responders. He also instructed all crawler and tower cranes in the city to be secured.

The FDNY and Con Edison conducted surveys in the area following reports of gas leaks caused by the collapse.