Posted Aug 21, 2010, 3:41 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,919
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http://online.wsj.com/article/SB1000...googlenews_wsj
Council to Review Penn Plaza Tower
By CRAIG KARMIN
August 21, 2010
Quote:
The City Council next week is scheduled to vote on whether to approve a roughly 1,200-foot tower that would be built two avenues away from the Empire State Building and would alter the Manhattan skyline.
The City Planning Commission approved the project in July. If, as expected, the Council does the same on Wednesday, Vornado Realty Trust would be permitted to construct the building unless Mayor Michael Bloomberg intercedes to stop it.
Malkin Holdings, an owner of the Empire State Building, in recent days have stepped up calls to reduce the height of the new tower, which is known as 15 Penn Plaza and would rise at Seventh Avenue between 32nd and 33rd streets.
"The approval of 15 Penn Plaza as referred by the City Planning Commission will plant a cultural and iconic time bomb which can not be defused," Chairman Peter Malkin and President Anthony Malkin of Malkin Holdings wrote in an Aug. 18 letter to the chairman of a City Council subcommittee that will hear testimony from both sides on Monday.
The letter says that the new tower—which would be either 1,190 feet or 1,216 feet tall, depending on the final plan—would "dramatically impact daytime sky light" and "damage the beauty distinction of the City's skyline."
The Empire State Building rises 102 stories to 1,250 feet, or about 1,450 feet to the top of its spire.
A Vornado spokesman declined to comment on the Malkins' letter.
Vornado has indicated it will not begin construction until it has anchor tenants for the site. The company has also stressed that its building plan will fund the re-construction and expansion of the 33rd Street passageway connecting Herald Square and Penn Station, and expansion of the subway station.
The Planning Commission said in a July report that "the prominence of the Empire State Building would not be significantly affected" because the new building would be shorter and its location would be about 1,000 feet away.
The Malkins noted the Planning Commission rejected a 1,250-foot tower at the Museum of Modern Art on East 53rd Street, requiring it to be reduced by 200 feet "in consideration of the City's skyline," their letter stated.
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