Search Results for: Financial District, Manhattan

Council Subcommittee Hears Proposal for SoHo Six-Story Commercial Building [Update: Committee approves with modifications]

(READ UPDATE FROM 9/30/2014 BELOW)

Developers seek permission for three floors of retail over community objections.  On September 16, 2014, the New York City Council Subcommittee on Zoning and Franchises held a public hearing on a proposed six-story commercial building at 19 East Houston Street in the SoHo Cast Iron Historic District of Manhattan, between Broadway and Crosby Street.  The lot was incorporated into the Historic District after the Landmarks Preservation Commission expanded the … <Read More>

REBNY Issues New Report on Landmarking and Housing Production

REBNY report shows that housing production, particularly affordable housing, is drastically lower in landmarked areas in the five boroughs. In 2013, the Real Estate Board of New York conducted a study which showed that nearly 28 percent of Manhattan is landmarked and that fewer than 2 percent of new housing units built in Manhattan over a ten-year time period (2003-2012) were constructed on landmarked properties. On July 1, 2014, REBNY released a new report which … <Read More>

Chairman Proud of Landmarks Commission Accomplishments

Last week CityLand published a Guest Commentary from Steven Spinola, President of REBNY.  Robert B. Tierney, Chairman of the Landmarks Preservation Commission submitted this commentary in response.

The Landmarks Law, enacted in 1965, has been responsive to New Yorkers’ demand that their historic neighborhoods be preserved. The architecturally and historically distinctive streetscapes found in all five boroughs reflect more than 300 years of growth, and play an integral role in our City’s economic well-being.

Proposed Reforms to Improve the Landmarks Preservation Commission

The Landmarks Law, enacted in 1965 to preserve the city’s architectural, historical and cultural resources, contains few standards about what merits designation and few rules governing the process.  This has resulted in broad brush designations that are of questionable significance and that are impeding the City’s larger planning, economic development, and housing efforts.  It is time to amend the Landmarks Law to bring designations more in line with other city policies, provide more timely information … <Read More>

East Midtown Rezoning: Looking For Extra Zoning Rights? They’re For Sale

A disarmingly simple plan for rezoning Manhattan’s office district running from Grand Central Terminal north to about 58th Street has been approved by the Planning Commission and will come to a Council vote around the time of the November election.

It has three key components:  1) The City almost doubles the allowable floor area for new buildings on large sites along the major thoroughfares; 2) it sells to the landowner the right to build the … <Read More>

Second Hearing for Marine Midland Bank Designation [UPDATE: Bank Designation OK’d]

See below for update.

Preservationists turned out to support designation of mid-century modern bank building. On April 2, 2013 and May 14, 2013, the Landmarks Preservation Commission heard testimony on the potential designation of the Marine Midland Bank building at 140 Broadway in Manhattan’s Financial District. The building was designed by the Gordon Bunshaft-helmed firm of Skidmore, Owings & Merrill, and exemplifies mid-century modernism in its unadorned curtain walls of black aluminum and bronze-tinted … <Read More>