New York Botanical Garden Issues Request for Proposals for Major Mixed-Use Development

The request seeks proposals that incorporate a hotel, residential units, and retail space.  On January 19, 2016, the New York Botanical Garden issued a request for proposals to construct a mixed-use development on an “acre-plus parcel” of land that sits at the south-east corner of Webster Avenue and Bedford Park Boulevard, which is directly adjacent to the Botanical Garden’s parking garage.  The development would be part of a larger district-wide transformation that has been underway … <Read More>


Comptroller Audit Finds $10 Million Wrongly Given In Tax Abatements

Audit determined the Department of Finance improperly gave abatements to condos and co-ops owned by corporations over a four-year period.  On January 28, 2016 the Office of the City Comptroller Scott Stringer released a report of an audit conducted of the Department of Finance.  In the final report, the Comptroller’s Office found the Department of Finance wrongly gave out over $10 million worth of property tax abatements to corporate-owned condominums, co-ops, indoor parking spaces, … <Read More>


Land Use Committee Approves New Two-Lot Wide Building on Controversial Site

Developers spent months engaging local representatives and neighborhood residents to garner their approval before formally initiating ULURP process.  On January 28, 2016, the City Council Land Use Committee unanimously approved an application to construct a mixed-use building at 146–150 Wooster Street, located in Manhattan’s landmarked SoHo Cast-Iron Historic District.  150 Wooster LLC, the project developer and subsidiary of KUB real estate investment and design firm, is the second owner to attempt to build a … <Read More>


Work Associated with Residential Conversion of 1 Wall Street Approved

Robert A. M. Sterne-designed project would see the addition of several stories to an un-designated annex, and the creation of two additional window bays on south facade, among other work. On January 19, 2016, the Landmarks Preservation Commission considered a proposal for alterations to the individually landmarked 1 Wall Street Building. The 1931, 50-story, Art Deco skyscraper in Lower Manhattan was built as an office tower by the Irving Trust Company to designs by … <Read More>


City Council Approves Proposed Brooklyn Heights Library Redevelopment Plan With Modifications

The modified proposal provides for a larger Brooklyn Heights library branch, the construction of a new library branch, STEM education laboratories, and additional monetary incentives.  On December 16, 2015, the City Council at its stated meeting voted to approve the Department of Citywide Administrative Services’ and Brooklyn Public Library’s Uniform Land Use Review Procedure application to redevelop the Brooklyn Heights branch of the Brooklyn Public Library.   The Council-approved version of the library redevelopment … <Read More>