The Real Deal New York

HFZ eyes alternative construction methods at crane collapse site

July 16, 2012 03:30PM

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HFZ's Ziel Feldman and 303 East 51st Street

Construction is once again an issue at the Turtle Bay site where a crane collapsed and killed seven people in 2008. According to the New York Post, Ziel Feldman’s HFZ Capital Group, which is developing the site in conjunction with CIM Group, is seeking a way to remove the balconies already built on the 18-story shell at 303 East 51st Street.

It is considering using large jackhammers attached to excavating machines to take down the balconies. If that doesn’t fly, HFZ would slice them off with giant circular saws.

Sherry Berner, who owns the adjacent building at 311 East 51st Street, said both ideas concern her and would cause excessive dust and debris compared to the traditional scalpel method.

Meanwhile, HFZ is also looking to remove some structural support from the existing building. Both moves are part of its larger plan to develop a 32-story building with 123 residential units. [Post]

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