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    Search results for "Midtown, Manhattan"

    Hearings Held on Five Potential Landmarks as Part of Greater East Midtown Plan

    Landmarks Preservation Commission  •  Designation Hearings  •  Midtown, Manhattan
    Pershing Square in Manhattan. Image Credit: LPC

    Pershing Square in Manhattan. Image Credit: LPC

    Designations opposed by developers and hoteliers; transit advocates expressed concern that landmarking would prevent improved subway infrastructure and access. On July 19 2016, the Landmarks Preservation Commission held hearings on the potential designations of five possible individual landmarks in the East Midtown area of Manhattan. Twelve items in total were identified by Landmarks as significant historic and architectural resources, as part of the mayoral administration’s Greater East Midtown plan. The plan to revitalize the area is intended to strengthen its position as a commercial district. The plan is expected to entail rezoning for greater density, improvements to transit and public spaces, and funding commitments for improvements and economic growth projects, in addition to the preservation of landmark-worthy fabric. Various stakeholders, including elected officials, business and real estate interests, and labor organizations are informing the plan, and a steering committee released a final report in 2015. (more…)

    Tags : Barbara Zay, Beverly Hotel, Cristabel Gough, Graybar Building, Historic Districts Council, Hotel Lexington, Manhattan Borough President Gale Brewer, Manhattan Community Board 5, Manhattan Community Board 6, Meenakshi Srinivasan, Municipal Art Society, New York Landmarks Conservancy, Pershing Square Building, Real Estate Board of New York, Riders Alliance, Shelton Hotel, SL Green, Stu Lerner, Tara Kelly, The Society for the Architecture of the City, Vishaan Chakrabarti
    Date: 08/02/2016
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    Increased Contributions to the Theater Subdistrict Fund Considered [UPDATE: CPC Approves Measure]

    City Planning Commission  •  ULURP  •  Theater Subdistrict, Manhattan
    Image Credit: Wikipedia

    Image Credit: Wikipedia

    Contributions from transfers of development rights by theaters in the district would be increased four fold—from $17.60 per square foot to 20 percent of the sales price. On September 7, 2016, the City Planning Commission held a public hearing on a proposed amendment to the City’s Zoning Resolution that would solidify the contribution rate to the Theater Subdistrict Fund related to the transfer of development rights from 46 listed theaters in Manhattan’s Theater Subdistrict. Currently, a transfer of development rights from an enumerated theater requires a contribution to the Theater Subdistrict Fund of $17.60 per square foot transferred. City Planning’s proposed amendment would change the contribution rate to a set 20 percent of the sales price and would establish a floor price for transfers as a basis for a minimum contribution. Additionally, the amendment would change the certification requirement of the special permit from approval by the City Planning Commission to only the Chairperson. For CityLand’s previous coverage of the Theater Subdistrict Fund click here. (more…)

    Tags : City Planning Commission, Comissioner Michelle De La Uz, Commissioner Anna Hayes Levin, Commissioner Joseph Douek, Duval & Stachenfeld, Manhattan Borough President Gale Brewer, Manhattan Community Board 4, Manhattan Community Board 5, Manhattan’s Theater Subdistrict, Real Estate Board of New York, Robin Kramer, Theater Subdistrict Council, Theater Subdistrict Fund
    Date: 11/18/2016
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