New center will add more Pre-K seats alleviating shortage. On September 12, 2018, Council Member Ben Kallos and the Department of Education announced the opening of the new Universal Pre-K Center on the Upper East Side at a ribbon cutting ceremony. The new facility, located at 1683 3rd Avenue Street, is 11,492 square feet, and will serve 90 Pre-K students. The opening of the facility is part of the City’s new efforts to build more … <Read More>
Extell Development Company
Suit Against Art Students League Board Decision To Sell Air Rights Fails On Appeal
Art Students League’s members argued that the process by which approval was gained to sell air rights violated League’s by-laws. On February 12, 2014, members of the Art Students League voted to sell air rights allowing an adjacent development by Extell Development Company. The vote took place after multiple meetings allowing members to speak on the proposal. Extell purchased 6,000 square feet of development rights, as well as the privilege to cantilever a portion … <Read More>
Approved Mixed Use Tower Will Cantilever Over Landmarked Art Students League
Skyscraper to be built as-of-right, but requires Landmarks to review and approve its impact on adjacent individual landmark. On October 22, 2013, the Landmarks Preservation Commission voted to issue a certificate of appropriateness to Extell Development, despite one dissenting vote, to allow a portion of a new planned tower to cantilever over the individually landmarked American Fine Arts Society building, located at 215 West 57th Street in Midtown Manhattan. The tower, which is … <Read More>
Massive Riverside Center mixed-use project modified
Developer agreed to fund larger on-site school and provide on-site affordable housing. On December 8, 2010, the City Council’s Land Use Committee modified Extell Development Company’s proposal to develop a three million sq.ft. mixed-use project on a site bounded by West 59th and West 61st Streets and West End Avenue and Riverside Boulevard in Manhattan’s Upper West Side. The project, known as Riverside Center, will include five buildings, ranging in height from 31 to … <Read More>
IDA approves up to $105 million in public benefits
The Diamond District and the Tennis Center are among the beneficiaries. On November 13, 2007 the New York City Industrial Development Agency voted to provide over $105 million in financial assistance to four entities.
IDA awarded up to $51 million in tax benefits to Extell Diamond Tower LLC, an affiliate of Extell Development Company, which will build an integrated diamond and jewelry industry facility in Manhattan’s Diamond District. IDA will extend a mortgage recording … <Read More>