Last Wednesday, the New York City Council unanimously approved plans to tear down the current Pier 17 in the South Street Seaport and build a new $200 million SHoP Architects-designed mall in its place, marking the end of the long and sometimes contentious ULURP approval process. Crain’s reported that Dallas-based developer Howard Hughes made some concessions to the council including pushing back construction on the project to allow Hurricane Sandy-battered tenants to have an additional summer season, with construction now anticipated to begin on October 1st.
It took some negotiating, but New York City Council has approved Durst Fetner’s plans to build West 57th, a 750-unit residential development designed by Danish architect, Bjarke Ingels. Crain’s reported that the 32-story pyramidal “courtscraper,” sandwiched between 11th Avenue and the Hudson River, will consist of 750 rental apartments, with an additional 100 units in a converted industrial building.
An early point of contention stemmed from what city council viewed as an inadequate plan for income-restricted housing, which will only be affordable for 35 years. While Durst Fetner didn’t budge on this issue, they did agree to donate $1 million to an affordable housing fund.