NEW YORK | 250 Water Street | 2 x 470 FT | 38 FLOORS

[Busy Bee]

As they show the wrong rendering.

[chris08876]

Credit: AntonioL

[chris08876]

Credit: Michael Young via NYY

[NYguy]

https://commercialobserver.com/2024/...eal-rejection/

NY’s Top Court Rejects Challenge to Howard Hughes’ 250 Water Street Development


BY NICHOLAS RIZZI
MAY 21, 2024

Howard Hughes Corporation’s plan for a 27-story residential development at 250 Water Street in Manhattan likely cleared its final legal hurdle after the state’s highest court rejected a challenge by a local group opposed to the project.

The New York State Court of Appeals on Tuesday shot down a motion from local groups calling to reject the decision by the Landmarks Preservation Commission (LPC) to allow the 400-unit apartment building to be built on a parking lot in the South Street Seaport historic district.

The ruling, along with the state’s recently passed extension to the 421a development tax exemption, means its full steam ahead for the project that broke ground in 2022, Howard Hughes Corporation officials said.

“For too long, the lot at 250 Water Street has been an underutilized part of the Seaport,” Howard Hughes CEO David O’Reilly said in a statement. “Today’s decision marks a major win for Lower Manhattan and the city, and paves the way for Seaport Entertainment Group to begin construction on a vibrant, mixed-use project that will be a significant contribution to the neighborhood.” (Seaport Entertainment Group is a Howard Hughes subsidiary.)

[mrnyc]

i dk if they remediated when they took the parking lot out, but i wouldnt linger around here during dusty construction — per hh:


There are environmental benefits to consider
The thermometer factories near the project's site may be gone, but their chemical remnants, mercury among them, leaked belowground. To that end, the Howard Hughes Corporation has applied for inclusion in the Brownfield Cleanup Program to remove the hazardous materials, and the cleanup would take place before the new construction.