UPDATE: On November 29, 2016, the City Council voted 49-0 to approve the Lexington Gardens II project. The approval will allow Tahl Propp Equities and L+M Development Partners to proceed with the proposed development which will provide 400 new affordable units. One quarter of the affordable units will be permanently affordable under the Mandatory Inclusionary Housing law, and the remainder will be affordable for 40 years under a regulatory agreement with the Department of Housing … <Read More>
Search Results for: Disposition of City-owned property
City Council End of Year Round Up; Kingsbridge Armory Approved; Midtown Zoning Disapproved
New York City: Largest Ice Sport Center Approved in the Bronx.
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On December 10, 2013, the City Council voted 48-1 to turn the Kingsbridge Armory, currently a vacant landmark, into an ice sports center. The $275 million development project by KNIC Partners, LLC will feature nine ice rinks and approximately 64,300 sq. ft. of related program space, including a wellness and off-ice training center, curling rinks, and locker and equipment storage. The … <Read More>
Ferris Wheel and Staten Island Revitalization Project Approved
Council gives go ahead for world’s largest Ferris wheel and outlet complex. On October 30, 2013, City Council unanimously voted 45-0 to approve the construction of the largest Ferris Wheel in the western hemisphere, which along with other developments, is intended to transform Staten Island’s St. George Waterfront. The New York Wheel (the Wheel), designed and manufactured by Starneth, will be built just north of the Richmond County Bank Ballpark, and will provide … <Read More>
Supportive housing project in Bronx approved
- El Rio Residence on East 179th Street. Image: Courtesy of Gran Kriegel Associates Architects + Planners.
Disposition of City-owned property will facilitate development of eightstory, 65-unit project for low-income seniors and special needs residents. On October 19, 2011, the City Planning Commission approved the Department of Housing Preservation and Development’s proposal to facilitate the construction of a 65-unit supportive housing project, known as El Rio Residence, in the West Farms section of the Bronx. Comunilife … <Read More>
Mixed-use project near Navy Yard approved
- Mixed-use development near Brooklyn Navy Yard. Image: Courtesy FXFOWLE Architects.
- Proposed Navy Green development along Vanderbilt Avenue between Flushing and Park Avenues. Image: Courtesy FXFOWLE Architects.
Located on former prison site, the complex will provide affordable and special needs housing. On September 30, 2009, the City Council approved the Department of Housing Preservation and Development’s proposal to facilitate the construction of a 455- unit complex, known as Navy Green, in Brooklyn’s Wallabout neighborhood. The 461,449 … <Read More>
CPC approves E. Harlem Plan
EDC expects to choose developer before Council vote. On August 27, 2008, the City Planning Commission approved a plan sponsored by the NYC Department of Housing Preservation and Development and the NYC Economic Development Corporation to redevelop a six-acre site in East Harlem. The plan seeks to create 1.7 million sq.ft. of mixed use development on 5.5 acres, roughly bounded by East 125th and East 127th Streets between Second and Third Avenues. 3 CityLand 59 … <Read More>