UPDATE: On November 29, 2016, the City Council voted 49-0 to approve the Lexington Gardens II project. The approval will allow Tahl Propp Equities and L+M Development Partners to proceed with the proposed development which will provide 400 new affordable units. One quarter of the affordable units will be permanently affordable under the Mandatory Inclusionary Housing law, and the remainder will be affordable for 40 years under a regulatory agreement with the Department of Housing … <Read More>
Search Results for: Zoning Special Permit
Increased Contributions to the Theater Subdistrict Fund Considered [UPDATE: CPC Approves Measure]
Contributions from transfers of development rights by theaters in the district would be increased four fold—from $17.60 per square foot to 20 percent of the sales price. On September 7, 2016, the City Planning Commission held a public hearing on a proposed amendment to the City’s Zoning Resolution that would solidify the contribution rate to the Theater Subdistrict Fund related to the transfer of development rights from 46 listed theaters in Manhattan’s Theater Subdistrict. Currently, … <Read More>
Subcommittee Coaxes Upfront Commitment for $100 Million Out of Developer for Trust
Council Member Corey Johnson still feels hesitant about proposed St. John’s Terminal development and seeks more concessions by the developer. On November 1, 2016, the City Council’s Subcommittee on Zoning and Franchises held a public hearing on the proposed 550 Washington Street rezoning and redevelopment, and the creation of a special district in Manhattan’s Greenwich Village. The proposed development would create three separate city blocks for five separate buildings which would include four mixed-use buildings … <Read More>
City Council Subcommittee Chided EDC over Downtown Brooklyn Development [UPDATE: Committee Approves Application With Conditions]
Subcommittee raised concerns about the aggregate effect the mass development of Downtown Brooklyn will have on school resources. On October 5, 2016, the City Council’s Subcommittee on Zoning and Franchises heard testimony on an application to construct a new 49-story mixed-use building at 141 Willoughby Street in Downtown Brooklyn. The site is a triangular-shaped zoning lot bounded by Flatbush Avenue Extension, Willoughby Street and Gold Street. Currently the space is occupied by a three-story private … <Read More>
Land Use Committee Approves Brooklyn CB10’s Application; Subcommittee Expresses Concern About BSA [UPDATE: City Council Unanimously Passes Application]
The approved proposal would remove Brooklyn Community District 10 from applicability under Section 73-622, while allowing three applications to go forward. On October 5, 2016, the City Council’s Subcommittee on Zoning and Franchises heard testimony on an application from Brooklyn Community Board 10 to amend the New York City zoning text relating to special permits issued by the Board of Standards and Appeals. These special permits allow property owners in R2 zoning districts to … <Read More>
Grand Central Upgrades and One Vanderbilt Construction Begins
City Officials and developer broke ground on the new One Vanderbilt office building and $220 million transit upgrade of Grand Central. On October 18, 2016, Mayor Bill de Blasio, Manhattan Borough President Gale Brewer, Congresswoman Carolyn Maloney and Council Member Dan Garodnick joined the developer SL Green for the on-site groundbreaking ceremony. The new office tower will reach 1,401 feet and cover the city block west of Grand Central. The tower is expected to achieve … <Read More>