82-year-old Yankee Stadium and nearby public parks to be replaced by new stadium, park space and public parking. On April 5, 2006, City Council approved 11 Parks applications related to development of a new Yankee Stadium in the Bronx, including disposition of three parcels of land to the Economic Development Corporation.

The new stadium site on East 161st Street is immediately north of Yankee Stadium’s current site. The proposal included 15.82 acres of new public park space and four new parking garages. The plan required map amendments to designate new parkland and eliminate portions of surrounding streets, as well as an action by the State legislature to eliminate 162nd Street. The plan also required two special permits for parking garages, a concession for new tennis facilities, and City acquisition of a leasehold interest in the new stadium to facilitate the financing of the project. The Yankees will fund the entire cost of the new stadium, spending over $800 million, while the City and State will provide $160 million and $70 million respectively on nearby infrastructure and additional improvements. (more…)

Hearings highlight Council’s proposals for construction moratorium and landowner notification. The City Council approved the rezoning of eight blocks in Sheepshead Bay and 70 blocks in Homecrest, Brooklyn in an effort to preserve the existing character of both neighborhoods and curb out-of- character development.

At the February 6, 2006 Zoning and Franchises Subcommittee hearing, Council Member Lewis A. Fidler criticized the amount of time it took to complete the Sheepshead Bay rezoning, calling it “too little, too late” because, in his opinion, the area had already been “raped and pillaged by developers,” which left only eight blocks of the original neighborhood’s character worth preserving. Subcommittee Chair Tony Avella commented that he would like to expedite his bill to place a moratorium on development in areas that are being evaluated for rezoning. Avella said that the bill was generally supported by both the Council and the Mayor, but progress was slowed as both sides considered whether the bill was subject to ULURP. (more…)

Lower Manhattan parking lot to be replaced with 815,000-squarefoot residential/retail project. The Planning Commission approved a proposal of the Economic Development Corporation and the project developer, Edward J. Minskoff Equities, Inc., to replace a City-owned surface parking lot in Lower Manhattan with an 815,000-square-foot mixed-use project. Located on a 95,565-square-foot site bounded by West, Warren, Greenwich and Murray Streets, the proposal includes 402 condominium and rental units, a 400-space parking garage and 165,000 sq.ft. of retail space featuring a ground floor supermarket to be occupied by Whole Foods.

A two-story base building will cover the entire site and house the Whole Foods, other retail and the residential lobbies. Above the base, a 388-foot, 32-story tower containing the project’s condo units will front West Street and a second smaller rental residential tower will front the eastern part of the site along Greenwich and Warren Streets. Access to parking and loading would be gained from Murray Street, the only two-way access street adjoining the site. Directly across Warren Street from the site, a 29-story, mixed-use project at 200 Chambers Street is under construction based on a September 2004 City approval. 1 CityLand 1 (Oct. 15, 2004). (more…)

Developer reduced tower by 60 feet and increased community facilities. The City Council approved, without additional changes, the City Planning Commission’s resolutions adopted on July 28, 2004 to allow construction of a 29-story mixed-use building at 200 Chambers Street. The Council’s action completes the designation of the site as an Urban Development Action Area, allows the transfer of City-owned land to the City’s Economic Development Corporation, and approves a special permit to modify height and setback. In the course of the ULURP process, the developer reduced the height of the tower from 360 ft. to 300 ft., eliminated an urban plaza, committed 10,000 sq.ft. of a 40,000-square-foot community facility space to the adjacent P.S. 234, and reduced the project’s size.

The proposed development raised concerns because of the site’s history, the potential shadows on Tribeca’s Washington Market Park, and the impact of new residents on the already overcrowded P.S. 234. The site, part of an expired Urban Renewal Area Plan, had a history of failed development proposals, leaving it one of only two remaining undeveloped sites in the area. (more…)