Search Results for: MTA

MTA must compensate for taken trade fixtures

Fulton Street Transit Center. Image: Mary Gillen.

MTA claimed that compensation for trade fixtures in building taken for transit project would constitute improper windfall payment. Three restaurant tenants in a three-story building at 194 Broadway in Lower Manhattan sought compensation for their trade fixtures after the Metropolitan Transportation Authority acquired the property through eminent domain for its Fulton Street Transit Center project. The three restaurants were separately incorporated, but were owned by the same individual … <Read More>

MTA ventilation plant slated for Mulry Square

MTA’s proposed subway ventilation plant at Mulry Square in the Greenwich Village Historic District. Image: Courtesy of MTA.

Elected officials and residents urged MTA to refine design of subway ventilation building. On June 14, 2011, Landmarks issued a negative advisory report on the Metropolitan Transit Authority’s design for a proposed four-story ventilation plant at the intersection of Seventh Avenue South and Greenwich Avenue in the Greenwich Village Historic District. The building will provide emergency ventilation … <Read More>

Council modifies zoning of MTA’s Western Rail Yard

Proposed development of the MTA’s Western Rail Yard site, including eight mixed-use towers, as envisioned by the Related Companies. Image: Courtesy of Related Companies.

The Council’s Land Use Committee approved the proposal after the developer agreed to provide permanently affordable on-site housing. On December 14, 2009, the City Council’s Land Use Committee modified and approved Goldman Sachs and Related Companies’ proposal to develop the Western Rail Yard site on the far west side of Midtown, … <Read More>

MTA strikes deal with Related & Goldman Sachs

Proposed redevelopment of Hudson Yards. Image: dbox, courtesy of Related Companies.

$1.054 billion offer adds more affordable housing than Tishman’s plan. On March 26, 2008, the MTA selected Tishman Speyer to develop the John D. Caemmerer Rail Yards, also known as the Hudson Yards. 5 CityLand 46 (Apr. 15, 2008). But on May 13, 2008, Tishman withdrew its proposal, prompting the MTA to select a proposal submitted by a joint venture between the Related Companies … <Read More>

MTA selects Tishman’s billion dollar bid for Hudson Yards

Proposal would create 13 million sq.ft. of developable space. On March 26, 2008, the MTA Board selected Tishman Speyer’s proposal to develop the western and eastern portions of the John D. Caemmerer Rail Yard, also known as Hudson Yards. At $1.004 billion, Tishman outbid four competing real estate developers for the right to transform the 26-acre site despite proposing the smallest number of residential units and the least amount of open space.

Tishman’s proposal, designed … <Read More>

DOT Celebrates Ten Years of Vision Zero

On February 15, 2024, the Department of Transportation celebrated the ten-year anniversary of the Vision Zero safety program, the City’s ongoing efforts to reduce and prevent deaths and serious injuries from traffic accidents and crashes. New York City was the first American city to develop a Vision Zero program. In over a century of recorded data, 2023 was the second safest year for pedestrians in New York City, and eight of the top ten safest … <Read More>