Council Subcommittee Hears Testimony on One Vanderbilt

Representatives of the project and the Department of City Planning spoke during a four-hour hearing.  On April 13, 2015 the City Council Subcommittee on Zoning and Franchises held a public hearing on One Vanderbilt, a proposed 1,450-foot commercial tower in East Midtown, as well as an accompanying proposal to rezone five blocks of Vanderbilt Avenue to create the Vanderbilt Corridor.  The building will be located adjacent to Grand Central Terminal, bounded by East 42nd Street … <Read More>


City Planning Approves One Vanderbilt Project With Modifications

The application seeks to rezone five blocks along Vanderbilt Avenue to permit construction of a new commercial tower.  On March 30, 2015 the City Planning Commission approved SL Green’s proposal to build One Vanderbilt, a 1,450-foot commercial tower, and establish the five-block Vanderbilt Corridor.  The building will be located on the block adjacent to Grand Central Terminal, bounded by East 42nd Street to the south, East 43rd Street to the north, Madison Avenue to … <Read More>


BSA Grants Variance for Senior Housing in Staten Island

Existing zoning regulations would not have permitted proposed three-story building.  On March 4, 2015, the Board of Standards and Appeals voted to grant Mangone Developers Corporation a variance for a proposed three-story senior housing building in Midland Beach, Staten Island. The proposed building is located at 1891 Richmond Road in a Special Natural Area District of Staten Island, at the corner of Richmond Road and Adams Avenue.


Landmarks Split on Project Proposed for SoHo Site

Landmarks previously approved demolition of one-story garage and new seven-story building in 2011. On March 3, 2015, the Landmarks Preservation Commission considered a proposal for the demolition of an existing one-story garage, and the construction of a new six-story-plus-penthouse building, at 150 Wooster Street in the SoHo-Cast Iron Historic District. The two-lot site is currently occupied by a vacant lot and a garage, which was heavily altered from an earlier structure at some point … <Read More>


CPC Approves Building Conversion in Historic District

Special permit will allow a vacant mixed-use building in SoHo to convert to residential use.  On February 4, 2015 the City Planning Commission voted to grant a special permit to Goose Mountain NYC, LLC to develop a six-story building at 498 Broome Street in the SoHo Cast Iron Historic District of Manhattan as a residential property.  The permit would allow Use Group 2 residential uses on portions of the ground floor, as well as … <Read More>


City Council Holds Oversight Hearing on 421-a Program

HPD Commissioner Been, others testify on effectiveness of the program.  On January 29, 2015 the City Council Committee on Housing and Buildings held an oversight hearing on the 421-a tax benefit program. The program, established in 1971 by the New York State Legislature, was designed to spur residential development of underused land by granting a property tax reduction to developers for a period of ten to twenty-five years, with an objective of increasing affordable housing … <Read More>