^ Go with the experience.
Quote:
Originally Posted by Hudson11
It takes awhile, but its better than having an Alderman or city boss that can approve or deny projects at their whim.
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Yeah, the ULURP process itself is about 6 or 7 months. The goal is to have it approved sometime next year, and the hotel itself is supposed to close a year or two after that - if they can survive the current crisis.
But the approvals process here is more of a formality, unlike typical approvals that go through the process. That’s because it’s part of the Midtown East rezoning, which made this development possible. It was the same with the 270 Park approval, but they had an issue with the required public plaza that added an extra layer of approval. I’m interested to see how this development meets the street, and Grand Central itself, which runs through it.