Building owner to pay for FDR repairs

Building’s foundation with cracks over and along the FDR. In 1938, the Board of Estimate approved an extension of the FDR Drive from East 92nd Street down to East 49th Street. The City acquired full title to the land necessary for the extension except from East 54th to 56th Streets, where it acquired a permanent easement from the Henry Phipps estate to use the area for street purposes. The estate retained the right to erect … <Read More>