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: Neighborhood Redevelopment
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>
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>
Developer Withdraws Proposal Following Public Controversy over Affordable Housing
Phipps Houses withdrew its application for its ten-story, Barnett Avenue development following a lack of community support. On September 20, 2016, Phipps Houses, the oldest and largest not-for-profit developer of affordable housing in New York City, withdrew its Barnett Avenue development proposal—the day before its scheduled public hearing in front of the City Council’s Subcommittee on Zoning and Franchises. Phipps Houses had sought a zoning map change and two zoning text amendments to … <Read More>
Landmarks Requests Rethinking of Plan to Redevelop 2 Buildings into a 1-Family Home
Proposal would redevelop two turn-of-the-century utilitarian building into a residence containing an elaborate garden, with a set back protruding tower containing a dining room and study. On July 12, 2016, the Landmarks Preservation Commission considered an application for the residential redevelopment of two adjoining buildings at 85 and 89 Jane Street . The two buildings fall within the Greenwich Village Historic District. Both structures are identified utilitarian in style in the district’s designation report. … <Read More>
Commissioners Allow Demolition of Two Low-Rise Structures to Make Way for New Development
The two sites, which together constitute one through-block lot, will host new ten- and 13-story buildings designed by Morris Adjmi Architects. On June 22, 2016, the Landmarks Preservation Commission considered and approved an application to demolish two structures in the Ladies’ Mile Historic District, at 21West 17th Street, and 16 West 18th Street, and replace them with a 13-story and a ten-story building, respectively. The two lots face each other at the … <Read More>