Posted Jan 8, 2020, 3:49 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,612
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Quote:
Originally Posted by liat91
16.
Wow, what height is that tallest tower?
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It’s tall, but not an actual proposed design.
https://therealdeal.com/2020/01/08/jds-i...medium=widget&utm_campaign=feature_posts
Recycled ideas? Penn Station plan similar to JDS 2016 proposal
The plan called for acquisition of the block south of Penn Station
TRD New York
Jan. 08, 2020
Quote:
Nearly four years ago, a team led by JDS Development recommended that the state buy properties surrounding Penn Station to make way for a new terminal. On Monday, Gov. Andrew Cuomo proposed a similar plan.
JDS was among a group of developers, including Vornado Realty Trust and Brookfield Properties, who had responded to a 2016 request for expressions of interest (RFEI) for the redevelopment of Penn Station. The developer’s proposal, dubbed Empire Crossing, called on the state to acquire properties south of Penn Station to build six new tracks and three mixed-use towers — and soon.
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Quote:
The governor’s office indicated that it’s in discussions with property owners and that eminent domain would be a last resort. In a press release, the administration said the latest iteration of Empire Station Complex would “create opportunities for redevelopment on the blocks surrounding Penn Station, setting the stage to transform antiquated and underutilized buildings into a new economic engine for New York.” The state has tapped FXCollaborative, one of the architecture firms that had collaborated on JDS’ proposal, to lead a consultant design team on a portion of the project.
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Quote:
On Monday, Cuomo repeated other concepts in the 2016 RFEI, including a new entrance to Penn Station at Eighth Avenue. That would require removing Madison Square Garden’s theater, something that JDS included in its proposal. The RFEI described Penn South as a future project that developers would need to keep in mind with their Penn Station overhaul.
It’s unclear whether the state will issue another RFP or RFEI. Representatives for the Empire State Development Corporation indicated that discussions with Metropolitan Transportation Authority, Amtrak, New Jersey Transit, private property owners and community stakeholders would determine the structure of Penn Station’s redevelopment.
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