Posted Nov 7, 2012, 1:00 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,622
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http://www.dnainfo.com/new-york/20121011...s-redevelopment-plan-on-hold-for-decades
City Council OKs Massive LES Redevelopment Plan On Hold for Decades
October 11, 2012
By Serena Solomon
Quote:
In a landmark moment, the City Council unanimously voted Thursday to give final approval to a huge development plan for the Lower East Side that has been delayed for almost half a century. The Seward Park Urban Renewal Area plan, or SPURA, will see 1.65 million square feet of housing, park and retail space built as well as potential for school on a group of underused blocks near Delancey Street.
The idea for the development has been on the table since tenement buildings were pulled down in 1967 to make way for a highway and other developments that never materialized. This current SPURA proposal has been meandering through the city's review process known as ULURP for the last few months, receiving approval from Community Board 3, the City Planning Commission and now the City Council with a vote of 48 in favor and zero against. Mayor Michael Bloomberg will now be given a five-day window to veto the plan, but he is unlikely to do so.
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