Developer to buy 58,005 sq.ft. of air rights from Broadway’s Hirschfeld Theatre. An application to transfer additional air rights from the Al Hirschfeld Theatre, formerly the Martin Beck Theater, on West 45th Street started the City’s public review process on April 24, 2006 when the Planning Commission certified the applications of Allen Goldman of Fifth Street Holdings, LLC and SJP Residential Properties.

In 1998, the City enacted zoning rules aimed at preserving Broadway’s historic theaters. … <Read More>