The transferring property was granted a variance 35 years ago, but the value of the development rights has since sky-rocketed. On March 8, 2016, the Board of Standards and Appeals unanimously voted to grant Charlton Cooperative Corporation’s request for a variance to transfer unused development rights from the applicant’s property, located at 112 Charlton Street, to an adjacent property, located at 108 Charlton Street, in Manhattan’s Special Hudson Square District. Because the site … <Read More>
variance
BSA Conditionally Approves Enlargement of Religious School
The variance permits the construction of a new floor to accommodate the School’s programmatic needs. On March 22, 2016, the Board of Standards and Appeals conditionally approved a variance to construct an additional floor onto the Bais Yaakov D’ Chasidei Gur religious school, located at 1975 51st Street in the Borough Park neighborhood of Brooklyn. The four-story building will be expanded into a five-story building to accommodate the School’s existing students and anticipated increase in … <Read More>
BSA grants Red Hook developer time extension for warehouse conversion
BSA, which had granted variance to developer in 2003, grants time extension due to five-year court battle. In 2003, the Board of Standards & Appeals granted a use variance to 160 Imlay Street Real Estate LLC to allow for the residential conversion of a six-story warehouse at 160 Imlay Street in Red Hook, Brooklyn. 160 Imlay Street LLC had claimed that it could not earn a reasonable rate of return with a complying use … <Read More>