Search Results for: Press Release

Planning Commissioner fined for Atlantic Yards vote

Dolly Williams’ vote to approve Brooklyn rezoning conflicted with her investment in the Nets. On November 27, 2007, the Conflicts of Interest Board fined City Planning Commissioner Dolly Williams $4,000 for failing to recuse herself from a May 2004 vote on a rezoning plan that benefited her investment in the Atlantic Yards Project in Downtown Brooklyn.

The Downtown Brooklyn Plan sought to encourage commercial and residential development in Downtown Brooklyn, including areas within the footprint … <Read More>

IDA approves $225 M for new Yankee Stadium parking

IDA also approves tax -exempt bonds for 2 health care entities and 1 private school. On October 9, 2007, the New York City Industrial Development Agency voted to provide financial assistance to four entities.

IDA awarded the Bronx Parking Development Company $225 million in tax-exempt bonds to finance the design, construction, and renovation of three new parking garages, two existing garages and six surface lots that would serve the new Yankee Stadium. According to IDA, … <Read More>

Lycée Français and DoubleClick on IDA’s July Calendar

July public hearing notice lists $143 million in bond offerings and six straight leases. The New York City Industrial Development Agency, a component of the Economic Development Agency, held its monthly public hearing on July 19, 2007. The 14 project applications detailed in IDA’s public notice included over $143 million in bond offering and six straight leases.

The largest bond application on the July calendar was made by the Lycée Français de New York, an … <Read More>

Developers chosen for warehouse conversion

Former Navy warehouse to be retail/light manufacturing. EDC chose a joint venture comprised of Time Equities Inc. and the Brooklyn Economic Development Corporation to convert a 1.1-millionsquare- foot former Navy warehouse between Second and Third Avenues and 30th and 32nd Streets in Sunset Park, Brooklyn. The details released by EDC state that under the conversion plan, the eight-story building would contain retail on its lower floors with light industrial uses above at a total development … <Read More>

New Landmarks commissioner confirmed

Preservationist to replace Thomas Pike. On March 28, 2007, the City Council voted unanimously to approve the appointment of Diana Chapin to Landmarks. The Council also voted to approve the reappointments of Commissioners Pablo Vengoechea, Stephen Byrns, Joan Gerner, and Christopher Moore.

Diana Chapin, a member of the Municipal Art Society and the Landmarks Conservancy, is Executive Director of the Queens Library Foundation. She was a founding member of the Historic House Trust, a not-for-profit … <Read More>

Three Far West Village buildings landmarked

Landmarks unanimous in designating all three buildings. On March 6, 2007, Landmarks voted to designate three nineteenth century buildings in the Far West Village as individual landmarks. The 159 Charles Street House, the 354 West 11th Street House, and the Keller Hotel all received wide community support at the November 2006 hearing. 3 CityLand 170 (Dec. 2006).

Built between 1841 and 1842 for a carver and manufacturer, the Greek Revival style row house at 354 … <Read More>