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Old Posted Jun 19, 2014, 8:42 PM
chris08876's Avatar
chris08876 chris08876 is offline
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,840
Smile NEW YORK | 416-420 Kent Ave | FT | 24 FLOORS x3

Back from the recession. Originally proposed in 2006.
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Quote:
Rector Hylan, owner of the property at the former Kedem Winery lot at 420-430 Kent Ave., asked for Community Board 1's support this month to renew its original 2006 permit to build 18- and 24-story towers with 450 apartment units, with 20 percent affordable, for a second time.

Then, the board voted to support renewing the Rose Plaza on the River development at 462-490 Kent Ave., five buildings with 754 units, 226 of which are affordable — a project initially approved in 2010.

A 39-story mixed-used development approved in 2009 at 145 and 155 West St. in Greenpoint also gained the board's support to renew its permit, which includes 140 units of affordable housing in a separate building from one that's market rate.

The projects would also all feature developer-built public green space.

The 2008 recession and financing issues largely kept the developments from moving forward.

They now hope to break ground early next year, she said.

West Street's designs are old enough now that design would not fly under new zoning laws, which require integrated below-market and market rate units in the same building — a detail that brought pause to Community Board 1's land use committee, said committee chair Del Teague.

Some committee members struggled with the fact that they were not together, Teague said. Others wanted to approve the plan since it had been approved before. But ultimately, the board supported the renewal, a vote that's advisory to city officials.

Richard Mazur, executive director of North Brooklyn Development Corp., said in a statement to the board this month that locals — from schools to churches — are eager to see the West Street project finished to bring affordable housing to the Greenpoint waterfront.
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June 18, 2014
http://www.dnainfo.com/new-york/2014...renewals-build

Last edited by chris08876; Jun 19, 2014 at 10:49 PM.
     
     
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