Rendering of Proposed Development. Image Credit: KPA Architects

City Council rejected the first private application of Mandatory Inclusionary Housing. On August 16, 2016, the City Council rejected a proposal to rezone a large corner lot in order to construct a new mixed-use development located at 4650 Broadway in Manhattan’s Inwood neighborhood. Currently a two-story commercial building operating as a parking garage and U-Haul truck rental facility occupies the site. The original proposal from the developer, Acadia Sherman Avenue LLC, was to build a new mixed-use building that would have retail and community space on the bottom two floors, contain 335 residential units and rise 23 stories. The original project would have made permanent 30 percent of the floor area as affordable housing under the new Mandatory Inclusionary Housing law.

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Architect rendering of the proposed Astoria Cove development project. Image Credit: Studio V

Approval came after negotiations increased the percentage of affordable housing.  On November 12, 2014 the City Council Land Use Committee voted 18-0 to approve the Astoria Cove development project, with modifications.  The vote was delayed several hours as negotiations between lead developer Alma Realty and Council Member Costa Constantinides continued into Wednesday afternoon over Astoria Cove’s housing affordability and other issues discussed in the initial hearing.

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On October 25, 2012, the City Council Land Use Committee voted in favor of both the West Harlem rezoning plan and the Chelsea Market expansion plan with modifications. (See CityLand’s past coverage here). The full City Council was originally expected to vote on these plans on October 30, 2012. However, Hurricane Sandy forced this vote to be delayed two full weeks.

Under the Uniform Land Use Review Procedure (ULURP), when City Council review is triggered, the Council has 50 days to act on an application approved by the City Planning Commission. If the Council does not modify the application, or does not disapprove of the application within that time period, the Council is deemed to have approved the decision of the City Planning Commission. On November 13, 2012, the City Council approved both plans with the modifications. Fortunately, this vote was held just before the 50-day review period was set to expire. What would have happened had Hurricane Sandy prevented the Council from modifying these plans? (more…)