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  #521  
Old Posted Nov 13, 2013, 1:56 PM
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Quote:
Originally Posted by babybackribs2314 View Post
That's because the political climate in this city is toxic; there is no room for anyone besides far-left demagogues these days.

Wonder what the reaction will be when/if De Blasio acts on zoning; his constituents this election probably don't realize that he is actually pro-growth, so could see some decent backlash once he puts his 'plans' into action, assuming he actually does have plans...
Well, for one thing, the people De Blasio speaks for loudest aren't the people mobilizing against skyscrapers, that's for sure. They have far more important things in life to be concerned with. And certainly none of them live in this rezoning area.

For your second point, you sound overly skeptical that De Blasio could have a plan. I don't know if that's your own politics speaking or not, but here are the man's own words regarding development...


Quote:
http://www.businessinsider.com/get-r...k-city-2013-11

Last summer, de Blasio gave a speech to NYU's Wagner School of Public Service on fostering economic development in New York City. The speech is worth reading in full, but it's especially interesting for de Blasio's strong pro-development bias:

First and foremost, when given the choice to grow or to sit idle, we need to grow and we have to be aggressive about it. There are factors beyond our control — economic conditions, bureaucratic interference from afar — that can kill good projects. The things I value as a progressive — good jobs and affordable housing — cannot happen if projects stall or never materialize. If we aren’t doing everything possible as a City government to spur on development, even if valid compromises are included, we risk nothing getting built at all, and that is the worst possible outcome.




Quote:
Originally Posted by Barbarossa View Post
Upzone all you want, telecommuting, outsourcing, and especially downsizing will continue to make these mammoth office buildings less economical.
That aint happenin in Manhattan, and its not gonna happen. New York City will always build new office space - whether it be purely office space, or mixed use office/hotel/residential development.




Quote:
Originally Posted by ILNY View Post
I think we just got a taste what's comming for the city from de Blasio.
I don't see how on earth you come to that conclusion. This is Bloomberg's City Council, the same council the approved the various rezonings Bloomberg put forth and other special developments. They've done nothing more than what they normally do, follow the lead of the council member whose district the development falls in, in this case Daniel Garodnick. He's been pushing back against the rezoning from the beginning, and apparently all of Bloomberg's concessions weren't enough.

Now, if you want to actually know where De Blasio stands on the rezoning, I've already posted that:







If all of that is too much to read, here's where he stands on rezoning and development in general...


Quote:
http://online.wsj.com/news/articles/...59483893443404


In a July economic policy speech, Mr. de Blasio said promoting significant new development while demanding high-paying jobs and affordable housing would create a more equal city, even if it alienates community groups—often pejoratively dubbed NIMBYs.

"We can't afford a process rife with delays, subject to knee-jerk NIMBYism and tangled in bureaucracy," Mr. de Blasio said.

Mr. de Blasio has said he would shorten the timeline for debate on developments before they enter the formal approval process and promote more neighborhood-wide rezonings, as opposed to forcing developers to seek approval for large new projects individually.

Mr. de Blasio, along with others, also supports so-called mandatory inclusionary zoning, requiring affordable units when areas are rezoned. Mr. de Blasio has a particularly ambitious proposal to create 50,000 units of new affordable housing through this policy, which housing experts said would require a very large amount of new development. Mr. Bloomberg's administration did about 4,100 voluntary inclusionary units in nearly 12 years.
Yes, De Blasio will need a LOT of development. And nothing he has done or said suggest he will be against it. So let's stop with the fearmongering already.


_____________________________________________________________________________



In the meantime, work can progress on getting a more fitting tower for this site...


http://www.nydailynews.com/life-styl...icle-1.1515052

GRAND PLAN PAUSED: City Council dismisses Mike Bloomberg's push to develop Grand Central — but mayor-elect
Bill de Blasio promises to revisit








By Pete Donohue , Matt Chaban AND Erin Durkin
November 13, 2013


Quote:
...The Council pulled the plug just as a developer revealed to the Daily News a sweeping proposal to spend $200 million on transit improvements in Midtown, including new passageways, escalators and entrances for train and subway users at Grand Central Terminal.

Those improvements, along with other projects proposed in a 73-block area around Grand Central, were thrown into limbo by the Council’s action.

De Blasio said, “I applaud the City Council for pressing the pause button.”

“For the sake of New York City’s long-term economic vitality, Midtown East should be rezoned to allow the creation of a world-class 21st century commercial district. But it needs to be done right,” he added.

Critics said there weren’t enough guarantees that transit and infrastructure improvements — to be funded by developers who cashed in on the looser zoning rules — would come through. Community groups argued the plan would result in overdevelopment. And Garodnick had complained the development rights the city planned to sell to fund transportation improvements were being priced too low.

During the mayoral race, de Blasio voiced support for rezoning the area, but he said the development rights were priced too low. On Tuesday, de Blasio said he will present a “revised zoning plan for the area by the end of 2014.”

The plan was shelved as The News got a glimpse of one developer’s plan for the zoning district.

Under the proposal by SL Green, the developer would provide $200 million for public improvements as part of its plan to build a 65-story office tower next to Grand Central.

SL Green’s plan calls for extending Grand Central’s underground concourse into the footprint of its office tower, which fills the entire block between Vanderbilt and Madison Aves., and 42nd and 43rd Sts.


SL Green would create a new circulatory system of passageways, escalators and stairs for commuters — with new access points to the Times Square Shuttle, the 4, 5, 6 and 7 subway lines, and the new Long Island Rail Road terminal now being built beneath Grand Central.

The plan also includes an underground hallway running from 42nd to 43rd Sts., and two new entrances to Grand Central, including a 4,500 square-foot, glass-enclosed “public space” at 43rd and Vanderbilt.

“We appreciate the growing consensus that there is an urgent need for modern office buildings in Midtown and the transit infrastructure to support them,” said Marc Holliday, SL Green’s chief executive officer.

“We look forward to working with the new mayoral administration, Councilmember Garodnick and the City Council to address concerns with the current plan and bring forward a new rezoning proposal early next year that delivers jobs, economic growth and transit improvements.”
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  #522  
Old Posted Nov 13, 2013, 10:02 PM
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I don't know if I'm interpreting it correctly; but to me it redounds to:
A. the Bloomberg administration most likely underestimating the cost of ME redevelopment, line item by line item per se.
B. NIMBY opportunism hard at work to make the aforementioned venture nothing more than an exercise in urban gentrification.
     
     
  #523  
Old Posted Nov 13, 2013, 11:47 PM
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Translation:
Bloomberg allowed big time growth in development with "or without" UNION interferences especially in the outer boroughs like BKLYN and Queens (LIC and Astoria). If you lived here you would always see these inflatable Gray Rats at a lot of development sites because that's how Unions protested the use of non-Union workers at these sties! But De Blasio has always been (and will always be) a puppet of the UNIONs in NYC and all developers, going forward, will have to pony up to them (Unions), and them only, if they hope to get any real deals done in NYC. This will of course sky rocket the cost of building (as if it weren't expensive enough already) and developing in NYC. Bottom line... we'll (City residents) get what we deserve when the sh*t hits the fan (increase in crime, higher unemployment, eroding tax base, etc...)! You can count on it!
     
     
  #524  
Old Posted Nov 14, 2013, 2:31 AM
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Originally Posted by fleonzo View Post
Translation:
Bloomberg allowed big time growth in development with "or without" UNION interferences especially in the outer boroughs like BKLYN and Queens (LIC and Astoria). If you lived here you would always see these inflatable Gray Rats at a lot of development sites because that's how Unions protested the use of non-Union workers at these sties! But De Blasio has always been (and will always be) a puppet of the UNIONs in NYC and all developers, going forward, will have to pony up to them (Unions), and them only, if they hope to get any real deals done in NYC. This will of course sky rocket the cost of building (as if it weren't expensive enough already) and developing in NYC. Bottom line... we'll (City residents) get what we deserve when the sh*t hits the fan (increase in crime, higher unemployment, eroding tax base, etc...)! You can count on it!
Haha suck it! Finally, we have a mayor who cares about something besides greed!
     
     
  #525  
Old Posted Nov 14, 2013, 3:11 AM
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i just want this to be more than 1550ft .go big or ....go home
     
     
  #526  
Old Posted Nov 14, 2013, 4:52 AM
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http://www.nytimes.com/2013/11/14/ny...=nyregion&_r=0

Future Unclear for Towers on East Side
By CHARLES V BAGLI
Published: November 13, 2013



Up in the Air
Developer SL Green Realty had hoped to build a massive structure across from Grand Central Terminal, dwarfing the Chrysler Building.
With the demise of Mayor Michael R. Bloomberg’s proposed East Side rezoning, its size would be limited.


Quote:
The day after the Bloomberg administration withdrew its plan for a swath of glass towers in Midtown because of an absence of support in the City Council, a developer, David W. Levinson, was fielding phone calls at his office near Carnegie Hall.

Callers wanted to know, Is your project dead? — and quickly offered condolences.

“I want people to know we’re fine,” Mr. Levinson said. “We’re still building the finest building in Midtown. Our plans are filed; we’re going.”

Starting in 2015, Mr. Levinson, chief executive of L&L Holding, still plans to demolish a 31-story Park Avenue building to make way for a 41-story tower that he will pitch to hedge funds, private equity firms and other well-heeled tenants.

The demise of a sweeping rezoning plan for the city’s premier office district, centered on Grand Central Terminal, quickly provoked alarming pronouncements from the Bloomberg administration and real estate lobbyists that it would bring many projects to a halt, costing the area, in Mayor Michael R. Bloomberg’s words, “tens of thousands of jobs” and “$1 billion in additional tax revenue.”

Not exactly.

Under the proposed rezoning, developers say there were only three projects, including Mr. Levinson’s, that would have gotten underway in the 73-block Grand Central district over the next 10 years. Most property owners, they say, are unwilling to forgo revenue for the many years it might take to empty a building of tenants, demolish the structure and erect a new tower.

All three projects may still go forward. Neither of the key opponents of the Bloomberg proposal — Mayor-elect Bill de Blasio and Daniel R. Garodnick, the city councilman who represents the area and is a candidate to become the next Council speaker — is opposed to development.

Mr. de Blasio, a Democrat, pledged to work with the Council on a “revised zoning plan for the area by the end of 2014.”

“For the sake of New York City’s long-term economic vitality,” he said, “Midtown East should be rezoned to allow the creation of a world-class, 21st-century commercial district. But it needs to be done right.”

Although he has yet to lay out a detailed vision for development, Mr. de Blasio has embraced the concept of high-density development near transit centers and has expressed a desire to create 200,000 affordable apartments in a city where housing is increasingly beyond the reach of poor families.

Those who know Mr. de Blasio say he may ask developers who want to build taller towers for more in return than the Bloomberg administration did, including low-cost housing.

“It’s entirely appropriate to take a few more months to review the Bloomberg proposal in light of density, the carrying capacity of the transit system and equity,” Ronald Shiffman, a former city planning commissioner, said. “He might want to link commercial development to the creation of affordable housing.”

The heart of the Bloomberg plan involved selling developers the right to build taller, modern buildings that would rise higher than the Chrysler Building. The proceeds were to be used to finance badly needed transit improvements at Grand Central and on the streets above.

Although the Bloomberg administration and certain developers said the sale process would generate $1 billion, critics were skeptical.

In 2006, the Bloomberg administration used a similar approach for the development of Hudson Yards on the West Side. It issued $3 billion in bonds for an extension of the No. 7 subway, saying revenue from new development would be used to pay off the debt.

But the pace of development has been much slower than projected. From 2006 to 2012, the administration had to tap into the city’s budget for $374 million to make the annual bond payments.

That may prompt the de Blasio administration to seek to finance transit improvement with state and federal money.

Some civic activists and developers also had feared that new office towers built near Grand Central with incentives from the Bloomberg plan would compete with other city-subsidized developments, at the World Trade Center and at the West Side rail yards. In the meantime, the Metropolitan Transportation Authority is selling three adjoining buildings on Madison Avenue that developers say could be used for a new hotel.

Mr. Garodnick said that a third potential project, a large skyscraper on an entire block just east of Grand Central, was “exactly” the kind of building one would want next to the city’s transit hub. That is where SL Green Realty, one of the city’s largest commercial landlords, planned to build a 65-story, 1.6 million-square-foot tower under the Bloomberg zoning proposal.

The tower, called 1 Vanderbilt, would rise about 1,200 feet above 42nd Street, 150 feet taller than the Chrysler Building.After the city withdrew its rezoning plan, Marc Holliday, chief executive of SL Green, said he welcomed the “growing consensus that there is an urgent need for modern office buildings in Midtown and the transit infrastructure to support them.”

He added in a statement that he would work with the new mayor and Mr. Garodnick. But during an interview on Friday, Mr. Holliday said that he would not go forward with the Vanderbilt building unless he got the development rights offered under Mr. Bloomberg’s now-scuttled proposal.Last year, the company did design a 40-story, 1.2-million-square-foot tower for the same site..

But now, he said, a smaller tower “will not work economically; it’s unfeasible at today’s rents and cost structure.”

It remains to be seen whether that is his bargaining position or his bottom line.
     
     
  #527  
Old Posted Nov 15, 2013, 9:02 PM
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with any luck, de blasio will revisit this with a far more surgical plan for up-zoning - follow the london model and grant big increases on the sites that represent the worst failures of the 1960s and 1970s, protect the pre-wars as much as possible, etc.

personally, i'm glad this will be delayed for a while - it'll give that much more of a boost to development in the far west side. even just a 2 year delay on midtown east re-zoning will probably could mean 2-3 more towers in the far west side, based on 500k square feet/year in demand.
     
     
  #528  
Old Posted Nov 15, 2013, 11:30 PM
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so not as tall as hoped, still fantastic!
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  #529  
Old Posted Nov 16, 2013, 1:22 PM
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The tower, called 1 Vanderbilt, would rise about 1,200 feet above 42nd Street, 150 feet taller than the Chrysler Building.After the city withdrew its rezoning plan, Marc Holliday, chief executive of SL Green, said he welcomed the “growing consensus that there is an urgent need for modern office buildings in Midtown and the transit infrastructure to support them.”
Sorry, but this statement is not correct because, according to the picture, if the Chrysler Building is 319 meters tall, then 1 Vanderbilt is 407 meters tall (with the sire). The crown is not at 1200 feet but at 1218 feet.

     
     
  #530  
Old Posted Nov 22, 2013, 2:29 PM
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Quote:
Originally Posted by easy as pie View Post
with any luck, de blasio will revisit this with a far more surgical plan for up-zoning - follow the london model and grant big increases on the sites that represent the worst failures of the 1960s and 1970s, protect the pre-wars as much as possible, etc.

personally, i'm glad this will be delayed for a while - it'll give that much more of a boost to development in the far west side.
Well, the delay here doesn't mean anything. It doesn't mean anything because there is a built in 5-year wait before anything could even be built. That was to give the Hudson Yards a head start, which it already has. But also, there is a difference between East Midtown and the Hudson Yards, same as there is between Midtown and Downtown. What's a right move for some won't be for everybody.

De Blasio has hinted that Bloomberg's plan didn't offer up enough sites that would qualify for development. That doesn't tell me he's looking to preserve more buildings.



Quote:
Originally Posted by King DenCity View Post
so not as tall as hoped, still fantastic!
Quote:
Originally Posted by Sky88 View Post
Sorry, but this statement is not correct because, according to the picture, if the Chrysler Building is 319 meters tall, then 1 Vanderbilt is 407 meters tall (with the sire). The crown is not at 1200 feet but at 1218 feet.
Don't get too hung up on those height figures, it's still in conceptual phases. But around 1,200 ft is what you would expect a 65 floor office tower in Manhattan to rise to. It's similar to the tallest Manhattan West proposal, the north tower at Hudson Yards, even the WTC towers. I still expect somewhere between 1,450 to 1,500 ft with a spire. We'll see what De Blasio brings to the table.
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  #531  
Old Posted Dec 1, 2013, 1:25 PM
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http://www.crainsnewyork.com/article...TATE/312019986

Room at the top for observation decks
New buildings mean more competition for stalwarts Empire State, Rock Center.



By Daniel Geiger
December 1, 2013


Quote:
.....Among the new arrivals will be one from megadeveloper Related Cos. It will open an observation deck in an office tower on which it is planning to break ground early next year at the corner of West 33rd Street and 10th Avenue in Hudson Yards.

Meanwhile, SL Green is also considering a plan to open a viewing deck at the top of a soaring office spire it wants to erect directly across Grand Central Terminal on Vanderbilt Avenue.

Not to be outdone, Gary Barnett, the prolific developer who is building one of the tallest residential skyscrapers in the world, on West 57th Street near Broadway, said that he too has considered getting into the observation-deck business.
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  #532  
Old Posted Dec 1, 2013, 3:08 PM
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Quote:
Originally Posted by NYguy View Post
http://www.crainsnewyork.com/article...TATE/312019986

Room at the top for observation decks
New buildings mean more competition for stalwarts Empire State, Rock Center.



By Daniel Geiger
December 1, 2013
Profits will only rise for those two towers. They shouldn't worry. The ESB especially has something towers around don't have. Prestige and legacy. People will still go like a Mordor Horde to go see it even if 3 or 4 observations spring up in the future.
     
     
  #533  
Old Posted Dec 4, 2013, 9:00 PM
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While we wait for De Blasio's plan to be unveiled, the team that will lead the charge is being put together...



http://therealdeal.com/issues_articl...ts-short-list/

De Blasio’s short list for real estate jobs

December 01, 2013
By C. J. Hughes


Quote:
Bill de Blasio promised a bold new approach to running New York. However, based on the names being bandied about for the City Hall jobs that matter the most to the real estate industry, the new boss might look a lot like the old boss.

Indeed, on the short list for chair of the Department of City Planning (which arguably has the most direct impact on the real estate business) are three people who are on the 13-member City Planning Commission now under Mayor Michael Bloomberg, according to several industry sources. The candidates mentioned to The Real Deal are: Anna Hayes Levin, Michelle de la Uz and Kenneth Knuckles.

“The changes are not going to be nearly as great as people assume,” said Fred Siegel, a senior fellow at the Manhattan Institute, a New York-based think tank, who worked on Rudy Giuliani’s 1993 mayoral campaign.


De Blasio, sources added, believes that a person with seasoned knowledge of the minutiae of zoning codes would be a tremendous asset. “Amanda Burden herself was a commissioner before she became the chair,” said one former Bloomberg administration official. “The thought is that you need somebody who knows the ropes.”

* Of the three contenders, sources say, the front-runner is Levin, who was appointed to the commission in 2009 not by Bloomberg but by Manhattan Borough President Scott Stringer, who will be inaugurated as the city’s comptroller in January. As a result, she’s not seen as a holdover from the current administration, sources said.

Levin — a Yale graduate with a law degree — has a bit of grassroots appeal, too. She came to City Hall via Community Board 4 on Manhattan’s West Side, which grappled with numerous redevelopment plans while she chaired the land-use committee. “She gets a lot of points for her work on the Hudson Yards rezoning,” the former administration official said. Levin opposed Bloomberg’s earliest redevelopment proposal for the rail yards site, which included a stadium for the Jets football team, while pushing for elements of the office-building-focused plan in place now. She did not respond to a request for comment.

* De la Uz, meanwhile, could satisfy different political aims for de Blasio. As executive director of the Fifth Avenue Committee, a social justice group that builds affordable housing in South Brooklyn, de la Uz could presumably help advance de Blasio’s goal of creating 200,000 affordable units. She also lives and works in the 718 area code, which is the natural power base of de Blasio, a Park Slope resident who represented that area on the City Council.

De Blasio had appointed de la Uz to the City Planning Commission in 2012, but the pair reportedly had a falling out over the rezoning of Roosevelt Island. De Blasio supported the rezoning, but de la Uz voted against it, casting the sole “no” vote on the commission. “That was not well-received,” one former official said of de Blasio’s reaction, though he added that de Blasio appears to have forgiven her.

Indeed, de la Uz is also said to be a strong favorite to lead the Department of Housing Preservation and Development, the city’s affordable-housing-creation arm, which is expected to be more active under the new mayor. (It should be noted that HPD has served as a stepping stone of sorts in recent years; former Commissioner Shaun Donovan is now U.S. Secretary of Housing and Urban Development.)

* Others are placing bets that Knuckles, who has served as the commission’s vice chairman for the last decade, is tapped for chair. Knuckles — an attorney with an architecture degree who served in the Dinkins administration — runs the Upper Manhattan Empowerment Zone, an investment group that’s been a major force in Harlem’s recent revitalization. For his part, Knuckles said he had not yet been approached by de Blasio, but would be honored to be considered.

“The mayor-elect has very clearly stated what his priorities are around planning,” with affordable housing being at the top of the list, Knuckles said. “I assume he wants to continue to see growth in the city, but in a way that can better address income inequality.”




Quote:
Less likely, but still a hat in the ring, sources say, is Vishaan Chakrabarti, who was director of the City Planning Department’s Manhattan office during the early part of the Bloomberg administration, when he, too, worked to rezone the West Side.

But he may not be willing to give up his current roles as a partner at SHoP Architects and professor at Columbia University to reenter the public sector, sources said.

Chakrabarti, who also previously worked at Related Companies, was heavily involved in that firm’s plans to create a mixed-use development at the James A. Farley Post Office with Vornado Realty Trust, as part of the redevelopment of Penn Station.

Earlier this year, Related reignited interest in the project with a revised proposal, which a former state official said might just convince Chakrabarti to head back into the public sphere. “If he could pull together all the pieces to a transformative project of this type, I could see him coming back,” the source said.

Chakrabarti declined to comment on whether he’s been approached by de Blasio, but did offer that “the new Penn Station is an extremely important agenda item.”

...Another name popping up to head the Planning Department is Meenakshi Srinivasan, chair of the Board of Standards and Appeals, a lower-profile agency that nonetheless can block certain zoning changes issued by the Planning Department and reverse Department of Buildings decisions.

Srinivasan, who has master’s degrees in city planning, urban design and architecture, worked in the Planning Department from 1990 to 2003. In that capacity, she too worked on the master plan for Hudson Yards, according to news reports.

...Meanwhile, several sources said de Blasio is zeroing in on Ronda Wist to run the Landmarks Preservation Commission, where he appoints all 11 members.

Wist, a vice president of the Municipal Art Society of New York, the design watchdog group, would replace Robert Tierney, who’s chaired the LPC since 2002. She is no stranger to Landmarks; she was executive director of the LPC at the end of the Giuliani administration, and previously worked at the Planning Department.

...One name that should probably be scratched off any list, however, is Mitch Rudin, the CEO of Brookfield Office Properties.

After he walked with de Blasio in Manhattan’s Veterans Day Parade last month, rumors heated up that de Blasio might consider a private-sector developer for a top job.

But according to a Brookfield source, “it was truly apolitical” and the two were only thrust together at the last minute.
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  #534  
Old Posted Dec 10, 2013, 1:04 AM
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http://www.bloomberg.com/news/2013-1...next-year.html

SL Green Expects New Midtown New York Rezoning Plan in Next Year


By David M. Levitt
Dec 9, 2013


Quote:
New York’s largest office landlord, expects there to be a new plan in place for rezoning the east side of midtown Manhattan in the next year, President Andrew Mathias said.

Mayor-elect Bill de Blasio’s administration has told SL Green that it supports the company’s 1 Vanderbilt project, slated to be a high-rise office tower west of Grand Central Terminal, Mathias said on a conference call for investors.

Last month, the New York City Council failed to agree on a rezoning plan that would have allowed taller buildings in Midtown East, one of Mayor Michael Bloomberg’s final initiatives before leaving office.

Anxiety by business owners about de Blasio’s policies are “overblown,” SL Green Chairman Stephen Green said on the call.
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  #535  
Old Posted Dec 10, 2013, 4:40 AM
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Yess!! It's still on! Good news!
     
     
  #536  
Old Posted Dec 10, 2013, 4:56 AM
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This is good news. That building looked good so far.
     
     
  #537  
Old Posted Dec 10, 2013, 2:50 PM
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Yess!! It's still on! Good news!
It was never really off. The rezoning itself has been delayed. Bloomberg withdrew the rezoning plan because he didn't have the support needed to approved it. De Blasio has always said he supports the plan, but wants to make changes, the plan being to restrictive.

I don't know what a new De Blasio plan will bring, other than more development sites, but he could also remove design requirements. We'll see how that works out.



http://therealdeal.com/blog/2013/12/...reen-chairman/
Anxiety over de Blasio is ‘overblown’: SL Green chairman




One Vanderbilt rendering and Stephen Green


December 10, 2013
Mark Maurer


Quote:
SL Green Realty Chairman Stephen Green addressed business owners’ anxieties yesterday over the incoming administration of Mayor-elect Bill de Blasio, calling those feelings “overblown.”

SL Green president Andrew Mathias was also confident a rebirth of the proposal is on the horizon. He projects a new plan will be in place within the year, he told investors on a conference call.

Mathias added that de Blasio is an advocate for One Vanderbilt, SL Green’s 65-story, 1.5 million-square-foot office tower project adjacent to Grand Central Station, Bloomberg News reported.
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  #538  
Old Posted Dec 16, 2013, 8:01 PM
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FMIII FMIII is offline
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This is the most exciting project for NYC so far. This tower is gorgeous and the location is perfect. This is, according to me, The Empire state of the 21st Century. I really hope it will get built exactly as it is
     
     
  #539  
Old Posted Dec 17, 2013, 1:12 AM
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Originally Posted by FMIII View Post
I really hope it will get built exactly as it is
That won't happen. But I do wonder what allowances De Blasio's reboot of the plan will allow. Will he allow for a higher FAR (more density) creating a larger tower? That's possible, but the rezoning is more complex than that. The tradeoffs will have to go hand in hand with transit improvements. De Blasio is on board for both, but we'll just have to wait and see how it shapes up.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
     
     
  #540  
Old Posted Dec 17, 2013, 1:15 AM
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Originally Posted by NYguy View Post
That won't happen. But I do wonder what allowances De Blasio's reboot of the plan will allow. Will he allow for a higher FAR (more density) creating a larger tower? That's possible, but the rezoning is more complex than that. The tradeoffs will have to go hand in hand with transit improvements. De Blasio is on board for both, but we'll just have to wait and see how it shapes up.
Wouldn't it suit his motives to allow for a taller building in return for more transportation dollars? I don't know a whole lot about how this works, but doesn't more developer-friendly zoning translate into greater revenues for the city?
     
     
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