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Old Posted Aug 20, 2015, 6:19 PM
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Smile NEW YORK | 44-02 Vernon Boulevard | FT | FLOORS (1 mil sq-ft)

Big development (with bridge to Roosevelt Island) pitched for LIC

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A group of investors led by Rudolph Giuliani's former chief of staff is proposing a multimillion-square-foot development near the Queens waterfront — a mixed-use project that would include a pedestrian bridge connecting Long Island City to Roosevelt Island, POLITICO New York has learned.

Three sources briefed on the plan described it as the brainchild of Bruce Teitelbaum, who has quietly been presenting it to people in recent months.

Teitelbaum hopes to build a mostly residential tower comprising at least one million square feet on a vacant lot north of 44th Drive, along the north side of the Queensboro Bridge. The site, at 44-02 Vernon Boulevard, is currently owned by Vernon Realty Holding, L.L.C. according to public records; it is zoned for residential use and takes up 128,332 square feet on one lot and 84,338 square feet on another adjoining lot.

But Teitelbaum is likely to apply for a rezoning, and possibly try to purchase an adjacent lot owned by the city, to expand the project's footprint. The more ambitious plan would entail a host of other amenities, including open space, affordable housing and possibly a public school and a hotel, the sources said.

The bridge is envisioned as something akin to the High Line — a path for pedestrians and cyclists with views of Manhattan's skyline and space to sit and unwind. On the Roosevelt Island side it would land near the site of Cornell Tech, the applied sciences school that will dominate the south end of the island.

"Part of the presentation includes renderings for an iconic bridge that connects the new, under-development campus on Roosevelt Island to Queens, which would hopefully attract more economic activity," one source said.

"We are intrigued by the idea of connecting the campus and Roosevelt Island to Queens," said Meghan French, a spokeswoman for Cornell Tech. "It's exciting that the campus is sparking ideas like this. We expect to be an active player in Queens economic development and look forward to learning more and discussing the proposal with other stakeholders."

In his pitches, Teitelbaum has relied on the appeal of connecting the increasingly popular waterfront area of Queens to the new graduate school, the sources said.

South of the vacant site in Queens is a 90,400-square-foot parcel owned by the city Department of Education, where a warehouse-style building stands. D.O.E. uses some of the space, and Teitelbaum, according to two people he briefed, hopes to buy the land to extend his project.

Teitelbaum is in talks with SHoP Architects, which has designed many projects throughout the city, such as the Barclays Arena in Brooklyn.
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http://www.capitalnewyork.com/articl...nd-pitched-lic
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  #2  
Old Posted Aug 20, 2015, 9:14 PM
Gantz Gantz is offline
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This site is pretty big. If they are thinking of 1 project, its gonna be VERY bulky. I am thinking of several towers, especially if they purchase the nearby city site.
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  #3  
Old Posted Aug 20, 2015, 9:17 PM
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Yeah I'm thinking multiple towers. This is sounding like a potential development with 3 or 4 towers, at about 350-400 ft. Well, depending if they buy adjacent lots, it could be a biggie. This being one of several developments that will bring close to 10 k units within the East River Coast. Couple more up North, near the Bronx, with about 3-4 k units.

The skyscraper buff in me wants this to be one tower with a million square feet, but.... most likely multiple ones if similar developments in scale are to be referenced. Possibly even two? Some sort of twin complex would be nice. Well, we will see.

Quote:
proposing a multimillion-square-foot development
Guessing its the key words here. Hopefully one million just devoted to a massive, bulky tower and the rest on services.

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Old Posted Aug 21, 2015, 12:45 PM
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Deputy mayor throws cold water on “ambitious, aggressive” LIC plan

Ariel Stulberg
August 21, 2015

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Not so fast.

Deputy Mayor Alicia Glen tamped down enthusiasm yesterday for the recently-announced plan to build a colossal mixed-used complex on Long Island City, saying it was “a little out of scale.”

Glen told Politico she’d heard the pitch for the “ambitious, aggressive” plan, and felt it had some “interesting ideas” in it. But the scale of the undertaking, she said, was a bit much even for the pro-height, pro-density de Blasio Administration.

Bruce Teitelbaum, the former chief of staff to ex-Mayor Rudy Giuliani, has been presenting a plan for an enormous project centered around 44-02 Vernon Boulevard in Long Island City. The plan calls for a million-square-foot residential tower, along with a pedestrian bridge connecting the site to Roosevelt Island, where Cornell Tech is planning to open a campus in 2017.

- See more at: http://therealdeal.com/blog/2015/08/....llKV0LPx.dpuf
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Old Posted Aug 21, 2015, 1:31 PM
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It's just a matter of time. With the Cornell campus coming and the explosive growth further south in Hunters Point, not to mention the two waterfront mega developments along the Astoria waterfront, this area is poised to boom.
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  #6  
Old Posted Aug 21, 2015, 1:49 PM
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Quote:
Originally Posted by sparkling View Post
deputy mayor throws cold water on “ambitious, aggressive” lic plan

ariel stulberg
august 21, 2015
wtf?
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  #7  
Old Posted Aug 21, 2015, 3:11 PM
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Quote:
Originally Posted by sparkling View Post
Deputy mayor throws cold water on “ambitious, aggressive” LIC plan
Weird. What's her problem?
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  #8  
Old Posted Aug 21, 2015, 5:55 PM
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Alicia Glen and Gale Brewer...



Disgraces to this great city.

Developers are not fans of her btw. Like DeBlasio, her housing plan falls short. She being a key architect in the implementation of the affordable housing plan.
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