Despite the project’s phased construction schedule, concerns with the project still exist among elected officials and community members. On November 4, 2019, the City Council Subcommittee on Landmarks, Public Siting, and Dispositions approved two land use applications for the East Side Coastal Resiliency Project, the City’s flood protection plan for Lower Manhattan. The Project will include a system of floodgates and walls along the project area, sewage improvements, and will elevate East River Park … <Read More>
Lower Manhattan
City Develops Plan to Protect Lower Manhattan’s Shoreline from Climate Change Impacts
The project will include the expansion of the Lower Manhattan shoreline and four capital projects devoted to the resiliency of Lower Manhattan neighborhoods. On March 14, 2019, Mayor Bill de Blasio announced the Lower Manhattan Coastal Resiliency (LMCR) Project. The project is one of the City’s responses to the aftermath of Hurricane Sandy. Hurricane Sandy was a turning point for the City to tackle infrastructure resiliency. Hurricane Sandy resulted in $19 billion of devastation for … <Read More>
BSA Grants Variance for Transfer of Development Rights to Facilitate a New Charlton Street Development
The transferring property was granted a variance 15 years ago, but the development of the adjacent property had not been under the applicant’s control. On December 6, 2016, the Board of Standards and Appeals unanimously voted to grant 104 Charlton Street Condominium’s request to transfer unused development rights from the applicant’s property, located at 104 Charlton Street, to an adjacent property located at 108 Charlton Street in Manhattan’s Special Hudson Square District. Because the site … <Read More>
Schneiderman Announces Indictment of NYC Landlord in $5 Million Mortgage Fraud Scheme
A New York City landlord was indicted for mortgage fraud scheme in Lower Manhattan, stemming from tenant harassment investigation. On April 6, 2017, New York State Attorney General Eric T. Schneiderman announced the indictment of Dean Galasso, a New York City landlord. Galasso was indicted on six felony charges in relation to an alleged scheme to fraudulently obtain a multi-million-dollar mortgage to finance the acquisition of a rental building. Galasso faces one count of Grand … <Read More>