Christopher Albanese on Building Green in the Big Apple

Christopher V. Albanese is Executive Vice President of the Albanese Organization, a nearly 60-year-old real estate development and management firm founded by his father and uncle, now known for its innovative environment-friendly developments.

Albanese grew up in Queens and attended Cornell University where he majored in Economics. Following a stint at Coldwell Banker after college, he joined the family business in 1987. After three years, he left to pursue his law degree at St. John’s … <Read More>


Environmental review challenge dismissed

State Supreme Court ruling allows City to continue the construction of ballfields on Randall’s Island. In July 2006, the New York City Department of Parks & Recreation concluded its environmental review and found that constructing 34 new ballfields and reconstructing 31 existing ballfields on Randall’s Island would not significantly impact the environment.

The next month, Parks sent a letter to Manhattan Community Board 11 stating that it would present a funding plan for the ballfield … <Read More>


Bronx’s Little Italy BID approved

New district to include over 352 businesses. On May 21, 2008, the City Planning Commission approved an application by the New York City Department of Small Business Services to create the Belmont Business Improvement District, located in the Bronx in the neighborhood generally known as Little Italy. The Belmont BID would be bounded by East Fordham Road to the north, Lorillard Place to the west, East 183rd Street to the south, and Southern Boulevard to … <Read More>


St.Vincent’s proposed expansion stirs controversy

St. Vincent’s proposed new hospital and residential development in Greenwich Village. Image: Saint Vincent’s Catholic Medical Centers.

St. Vincent’s made its case for a new building, while residents expressed outrage. Landmarks held two public hearings, on April 1st and 15th, regarding St. Vincent’s Hospital’s and Rudin Management Company’s proposal to build, within the Greenwich Village Historic District, 1.3 million sq.ft. of new residential and hospital space. The plan is arguably the largest ever proposed within … <Read More>


BSA allows construction despite rezoning

BSA rules that foundation work was sufficiently completed prior to rezoning. In June 2007, the Department of Buildings issued the owner of 74 Grand Avenue a permit to construct a five-story, 55,000-squarefoot residential building. The proposed building, to be located between Myrtle and Park Avenues in the Fort Greene section of Brooklyn, complied with the zoning requirements at the time. The next month, the City rezoned portions of Fort Greene from R6 to R6B, rendering … <Read More>


EDC Submits Willets Point Redevelopment Plan

City seeks to create a Special Willets Point District; local businesses file lawsuit. On April 21, 2008, the New York City Economic Development Corporation and the New York City Department of Housing Preservation and Development began public consideration for their proposal to rezone a 61-acre area in Willets Point.

The area, roughly bounded by the Van Wyck Expressway, Roosevelt Avenue, 126th Street, and Northern Boulevard, is known as the “Iron Triangle” for its predominantly industrial … <Read More>