Astoria may soon rival its neighbor, Long Island City, as the next major residential waterfront community in Queens. In a unanimous vote, the City Planning Commission has given developer Lincoln Equities Group the green light to move forward with a $1 billion residential housing development on Hallets Point peninsula.
DNAinfo reported that the project would include 2,161 market-rate and 483 affordable apartments as well as a public esplanade along the East River, retail, supermarket, and possibly a public school in NYCHA‘s adjacent Astoria Houses campus.
Downtown Brooklyn has an unusual situation on its hands: it has a surplus of parking spaces. But soon developers may get the green light to put that space to other use. As AN reported this summer, the city’s zoning rules require new residential developments to build large garages, most of which have remained half empty. With a plethora of transit options in the area—including 13 subway lines, seven subway stops, more than a dozen bus routes, and a commuter rail to boot—there is little demand for parking, which is why the Department of City Planning (DCP) and developers are advocating for new zoning. Yesterday the New York City Council considered a proposal from the DCP that suggests reducing the minimum parking requirements from 40 percent to 20 percent of new residential housing units, which would free up those spaces for other uses whether it be mixed-income and affordable housing or public parking. City Council will likely hold a vote on the proposal on December 4th.
In spite of angry protests from neighborhood advocates and preservation groups, New York City Council unanimously approved plans Tuesday afternoon to upzone Chelsea Market. The developer, Jamestown Properties, intends on building 300,000-square-feet of office space designed by Studios Architecture that will sit right on top of current Chelsea Market. To move things along in their favor, Jamestown had agreed to give around $12 million to the High Line and $5 million to a fund to build affordable housing, in addition to another $1 million to help launch an internship program at the nearby Fulton Houses.
The Zoning Committee of the New York City Council is holding a hearing today for NYU’s proposed expansion. It is the last stop on the ULURP tour that has garnered some of the most contentious debate in a neighborhood that has seen more than its share of zoning upheaval over the past year. Usually the council votes in agreement with the council member representing the district. As such, all eyes were on Council Member Margaret Chin, whose Downtown district includes the Washington Square area where the expansion is being proposed. While Chin said that the plan is “unacceptable as it stands” she didn’t outright reject the plan.
After years of trying to land a second Walmart in Chicago, the world’s largest retailer succeeded in a big way yesterday when the City Council unanimously endorsed a Supercenter on the Far South Side, the anchor of a 270-acre mixed-use development. While only a few months ago the outcome of that store seemed uncertain, it all broke last week, when the unions reached a tentative agreement with Walmart to pay $8.75 an hour in its stores, more than the current minimum wage but less than was initially sought. On top of that, the retailer has cast doubt on whether a surefire deal has been set. Meanwhile, the city is bracing for the prospect of dozens of stores, through a deal arranged by Mayor Richard Daley, both a bane and a boon as it could mean an investment of $1 billion though also a costly one if it undercuts current retailers. The Sun-Times‘ incomparable Fran Spielman spells it all out for us: Read More