Bloomberg Taps Third Banker for Economic Development

East, East Coast
Tuesday, June 22, 2010
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Steel and Bloomberg, at the announcement of his appointment today. (Courtyesy NY Observer)

Maybe that headline is self-explanatory, even makes a good bit of sense. Or it did when Robert Steel’s two predecessors took the job of Deputy Mayor for Economic Development. Dan Doctoroff and Robert Lieber, like Steel, used to work on Wall Street before joining the Bloomberg administration. But nowadays, appointing someone who spent three decades at Goldman Sachs (before heading to the Treasury Department earlier this decade and then on to unwinding Wachovia) is a bit of a head scratcher. This has nothing to do with populist fervor and Goldman still being more hated than BP despite the catastrophic oil spill. No, this is about the future direction of the city. Read More

CITYLAW Breakfast w/Carl Weisbrod, Chairman of the New York City Planning Commission

Other
Monday, August 18, 2014
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CityLaw’s Breakfast series resumes with Carl Weisbrod, chairman of the New York City Planning Commission and director of the Department of City Planning. Weisbrod will discuss the legal mechanisms needed to achieve the Mayor’s planning agenda. With more than 35 years of experience serving the people of New York City, Weisbrod has had a distinguished career that extends back to the Lindsay administration, which he joined as a young lawyer at the Department of Relocation.

Anthony Crowell, Dean of New York Law School and former counselor to Mayor Bloomberg, will give the introduction. RSVP preferred.

CityLaw breakfasts are held six times a year at New York Law School and feature prominent speakers discussing current government and political issues. They are free and open to the public. The events are broadcast by NYC Media cable television throughout the five boroughs and webcast at www.nyls.edu. Sponsors of the breakfasts include Consolidated Edison, Verizon, and Greenberg Traurig. In addition to the founding sustaining sponsors, GoldmanHarris LLC and Stroock, Strook, and Lavan, LLP are sponsoring this event.

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Brooklyn Bridge Park unveils 14 tower designs amid community debate

Proposal from Alloy Design + Bjarke Ingels Group. (Courtesy Alloy Design + Bjarke Ingels Group)

Proposal from Alloy Design + Bjarke Ingels Group. (Courtesy Alloy Design + Bjarke Ingels Group)

All the top names in New York City architecture are vying for a piece of Brooklyn Bridge Park, but whether any of their designs will be realized still remains to be seen. As community groups try to block Mayor de Blasio’s controversial plans to bring affordable housing to Michael Van Valkenburgh‘s celebrated park, the Brooklyn Bridge Park Corporation has unveiled 14 design proposals for two coveted development sites on Pier 6. Those proposals were unveiled just hours before a Brooklyn Bridge Park Corporation meeting that was packed with community members voicing their strong opposition to any new development in the park.

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How New York’s “Poor Door” was allowed to exist in the first place

40 Riverside's facade. (Courtesy Extell)

40 Riverside’s facade. (Courtesy Extell)

In the past week, those two words—”poor door”—have quickly come to signify the vast inequality embedded in New York City’s housing market. At issue is a separate entrance for tenants living in subsidized rental units in a luxury condo building on the Upper West Side known as 40 Riverside. The property, developed by Extell, was financed through the city’s inclusionary housing program, which grants a tax abatement and additional bulk to developers who include a certain portion of “affordable” units in a project.

Continue reading after the jump.

With Some Cash From Related Companies, Citi Bike Could Expand Next Year

Citi Bike dock. (Flickr / shinya)

Citi Bike dock. (Flickr / shinya)

The latest piece in the ongoing saga of Citi Bike actually contains some good news. The Wall Street Journal first reported that Related Companies, through its affiliate, REQX Ventures, is close to finishing a deal that would inject millions of dollars into the struggling, but popular, bike share system.

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Local Group Tries to Block Affordable Housing at Brooklyn Bridge Park

Development sites at Brooklyn Bridge Park. (Courtesy Brooklyn Bridge Park Conservancy)

Development sites at Brooklyn Bridge Park. (Courtesy Brooklyn Bridge Park Conservancy)

As AN covered earlier this month, Mayor de Blasio’s plan to bring affordable housing to Brooklyn Bridge Park has received steep opposition from local groups in neighboring Brooklyn Heights. They contend new housing development will eat up public space and that under-market housing would not provide necessary funding for park maintenance. Under a Bloomberg-era plan, revenue from private, market-rate development would help cover upkeep at the Michael Van Valkenburgh Associates-designed park. Under de Blasio, 30 percent of the two proposed towers for the park–one 31 stories and the other 16–would be subsidized. The groups opposing that plan have now formalized their opposition against it.

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Mayor de Blasio Goes All In on Urbanism in Downtown Brooklyn

Borough Hall in Downtown Brooklyn. (Flickr / sbest2048)

Borough Hall in Downtown Brooklyn. (Flickr / sbest2048)

In the decade since it was rezoned, Downtown Brooklyn has grown up in a big way. Just look at its skyline and the new apartment towers and hotels that call it home. The open air between those buildings will soon be filled because development isn’t slowing down—it’s just getting started. But the next decade of change in Downtown Brooklyn could offer much more than the first. That’s because as new buildings rose, the area’s street-level never kept pace: public space is still scarce and underused, streets are hard to navigate and dangerous, and educational and cultural institutions have been disconnected. Today, however, Mayor de Blasio announced strategies to change all that by injecting the booming district with new (or refurbished) parks, redesigned streetscapes, new retail, and better connections between its many cultural and educational institutions.

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Kohn Pedersen Fox Sprouting Glass Superlatives Around New York City

101 Tribeca's pinnacle. (Courtesy Kohn Pederson Fox)

101 Tribeca’s pinnacle. (Courtesy Kohn Pedersen Fox)

Kohn Pedersen Fox (KPF) is racking up an impressive collection of superlatives with a host of new glass towers in New York City. Of course there is Hudson Yards where a glossy KPF-designed building will become the tallest tower at the country’s largest private development site, but that is just the start of it.

Continue reading after the jump.

NYC Transportation Head Outlines Priorities For Building Infrastructure & Public Space

DOT Commissioner Trottenberg announcing a Vision Zero "Slow Zone" in Brooklyn. (DOT / Flickr)

DOT Commissioner Trottenberg announcing a Vision Zero “Slow Zone” in Brooklyn. (Courtesy NYCDOT)

At a recent transportation forum hosted by the New York Building Congress, New York City Transportation Commissioner, Polly Trottenberg, laid-out her agenda for the city’s streets. She said implementing Mayor de Blasio’s Vision Zero plan to reduce traffic fatalities remains the department’s first priority, but made clear that, under her leadership, the NYCDOT will be doing more than safety upgrades.

Trottenberg praised her predecessor, Janette Sadik-Khan, for “cracking some eggs” and fighting for bike lanes, bikeshare, Select Bus Service, and pedestrian plazas when it was not politically popular to do so. She explained that Sadik-Khan’s commitment to these types of programs—and the Bloomberg administration’s ability to realize them—makes her job that much easier. The challenge now is keeping up with the demand for new public space.

Read More

Letter to the Editor> Addressing themselves to the Skyline

East, Letter to the Editor
Tuesday, June 10, 2014
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High above Manhattan. (FLICKR / CARUBA)

High above Manhattan. (FLICKR / CARUBA)

[ Editor's Note: The following are reader-submitted responses in reference to William Menking’s editorial “Will de Blasio Make Progress on Design?” (AN 05_04.09.2014). Opinions expressed in letters to the editor do not necessarily reflect the opinions or sentiments of the newspaper. AN welcomes reader letters, which could appear in our regional print editions. To share your opinion, please email editor@archpaper.com]

In your editorial “Will de Blasio Make Progress on Design?”, you seem to suggest that there is an inherent conflict between the development priorities of the new administration and the accepted tenets of good urban design. We disagree.

COntinue reading after the jump.

Nine-Story Woolworth Building Penthouse To Be Listed for $110 Million

The Woolworth Penthouse. (FlICKR / massmatt)

The Woolworth Penthouse. (FlICKR / massmatt)

At this point, the record breaking sales of luxury apartments in Midtown are not really news. As the towers rise higher, so do the prices. This has been the trend for quite some time and it shows no signs of slowing down. With that said, did you hear about the one Downtown? Bloomberg reported that the nine-story penthouse at Cass Gilbert’s Woolworth Building is expected to be listed for $110 million. The top 30 floors of the tower are currently being converted into luxury apartments, but the penthouse is quite literally Woolworth’s crown jewel—and it is priced as such.

Continue reading after the jump.

New York City Asks Citi Bike to Cover $1 Million in Lost Parking Revenue

Citi Bike station in NYC. (Flickr / JMazzolaa)

Citi Bike station in NYC. (Flickr / JMazzolaa)

New York City’s bike share system, Citi Bike has had a rough first year. The bikes are in bad shape, the docking technology is glitchy, and the system has been plagued with financial troubles for months. To make matters worse for the beleaguered program, New York City is asking Alta Bikeshare—the company which oversees Citi Bike—to cough up $1 million to cover lost parking revenue from the parking spaces the bike stations occupy.

Continue reading after the jump.

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