Posted Apr 19, 2019, 6:44 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,865
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I guess now is as good a time as any for NIMBYs to freak out... 
https://tribecacitizen.com/2019/04/1...-south-street/
In the News: Giant (I mean giant) tower for South Street?
April 19, 2019
Quote:
New York YIMBY reports that a 1,500-foot tower is envisioned by the Chinese company that owns 80 South Street. The rumblings about a super tall tower at that site have been going on for more than a decade, as the site changed hands several times and plans were drawn and then ditched. (Curbed has a good overview of the history of the site.)
The drawings were done by a Shanghai group that does architectural “visualization,” so not really architectural drawings, but enough to give you the idea of how gross it would be.
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https://www.ebroadsheet.com/towering-concerns/
Towering Concerns
APRIL 19, 2019
BY MATTHEW FENTON
Quote:
Shortly after purchasing the site and assembling air rights, Howard Hughes began seeking a buyer for 80 South Street. Late in 2015, it reached a tentative agreement with China Oceanwide, at a price of $390 million. That sale was completed in early 2016. Records filed with the City by China Oceanwide indicate that the new owner planned at the time to erect a tower of more than 110 stories, that would be slightly more than 1,400 feet tall.
In a 2016 meeting of Community Board 1 (CB1), vice chair Paul Hovitz (who also co-chairs the Board’s Youth and Education Committee), noted that with the building planned for 80 South Street, “we’re looking at a 1,300 to 1,500 foot tower.” He added, “that building will have more than 500 apartments, and that will bring enough children in it to fill our new school all by itself.” (This was a reference to plans announced earlier in 2016, to create a new, public elementary school on Greenwich Street, in the Financial District, which will have 476 seats.)
Mr. Hovitz then asked City Comptroller Scott Stringer, who was attending the CB1 meeting as a guest speaker, “when will the City start forcing developers to kick into a school fund so that before they get a building permit, we can guarantee school seats for all of these people coming into the fastest growing residential neighborhood in New York City?”
Comptroller Stringer responded to Mr. Hovtiz, “I know how much you care about rational, responsible development. We have planned backwards as a City. We spend so much time thinking about tall buildings that we don’t think about how to build communities any more. We don’t think about how we build transportation infrastructure. We don’t think about the school population.”
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