The Real Deal New York

Posts Tagged ‘landmarks preservation commission’

  • From left: 16 Court Street, 75 Livingston Street and 191 Joralemon Street

    Despite strong Real Estate Board of New York opposition, the City Council’s Subcommittee on Landmarks, Public Siting and Maritimes Uses voted today to uphold the Borough Hall Skyscraper Historic District proposed for Brooklyn, the New York Times reported.

    The designation had been the source of controversy for more than a year, and especially after the Landmarks Preservation Commission first moved to protect the five-block, 21-building area along Court Street last September. [more]

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  • From left: Steven Spinola, president of REBNY and 16 Court Street

    The Real Estate Board of New York has pumped up its efforts to block the landmark designation of a swath of 21 commercial building in Downtown Brooklyn, Crain’s reported.

    Last September the Landmarks Preservation Commission approved the landmarking, known as the Borough Hall Skyscraper Historic District; it includes 16 Court Street, 191 Joralemon Street and 75 Livingston Street.  [more]

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  • From left: 315 East 10th Street and Ben Shaoul

    The New York City Landmarks Preservation Commission approved a block-long historic district on East 10th Street at an emergency public hearing and vote today. The creation of the historic district follows developer Benjamin Shaoul’s Magnum Real Estate Group’s application in December to add a rooftop addition to a townhouse at 315 East 10th Street, which Magnum purchased late last year. The newly designated area extends from avenues A to B along the south side of 10th Street. [more]

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  • Later this month the Landmarks Preservation Commission will hear the Stahl Organization’s “hardship application” case for razing a designated apartment building along York Avenue and replacing it with new residential development, DNAinfo reported.

    In its application to the LPC, submitted in September, Stahl claims more than 100 of the 190 units in the building, at 429 East 64th Street, are vacant, and it would cost $2 million to get those apartments in shape for tenants. [more]

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  • The Landmarks Preservation Committee’s meeting regarding the proposed designation of the East 10th Street Historic District in the East Village has been expedited, the New York Times reports.

    The decision is being sped up in response to Magnum Real Estate Group’s application last week to add another floor to 315 East 10th Street, a building the firm recently purchased. Magnum is run by developer Ben Shaoul, and has purchased a number of buildings in the area recently. The building at 315 East 10th Street, on the northern border of Tompkins Square Park, would be taller than the other buildings on the park if approved, the Times said.
    [more]

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  • New York-based real estate investment firm Rossrock Fund, owner of commercial mortgage loans, originating mezzanine loans and commercial real estate properties, is foreclosing on an Italian Renaissance-style building at 23 Park Place in the Financial District, according to data from PropertyShark.com. The building, which had at one time been considered for a controversial mosque, once served as the headquarters of the New York Daily News and will hit the auction block next month with a total mortgage lien of $7 million.

    The five-story, 23,664-square-foot building, owned by Park Murray Associates LLC., made headlines last year after it was tapped as the site of a second mosque close to the World Trade Center.  [more]

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  • From steel wool to ‘gold’ in Dumbo

    November 28, 2011 03:21PM

    From the November issue:  Back in the late 1970s, artists and like-minded bohemians who colonized the area in Brooklyn that lay in the shadow of the Manhattan Bridge thought they had hit on a bright idea: Apply the somewhat unlovely name of “Dumbo” to the area, and it would stand in such a bad odor that no one, least of all developers, would ever want to go there. According to this logic, the place would thus be safe for its down-at-the-heels inhabitants to continue living in large lofts without having to pay too much.

    Of course, that strategy seems laughable today, now that Dumbo has become one of the city’s most vibrant areas for development, as new buildings, like the recently completed 109 Gold Street, designed by the Manhattan-based firm Kutnicki Bernstein Architects, have just gone on the market. [more]

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    Jared Kushner, a principal of the Kushner Companies, and the Puck Building
    The Landmarks Preservation Commission again did not approve Kushner Companies’ proposal for a penthouse on top of the historic Puck Building at 295 Lafayette Street in Soho. The commission said it wanted further revisions to the scale and visibility of the rooftop addition to the 203,000-square-foot, mixed-use building between Houston and Jersey streets. The commission had previously rejected an even larger version of the proposal last month.

    Though the LPC noted that it is open to an addition on the building, Chairman Robert Tierny said, “some rethinking is in order.” – Adam Fusfeld [more]

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  • Zealous LPC commish encounters resistance

    November 14, 2011 09:36AM

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    From left: LPC Chairman Robert Tierney and the Brooklyn Municipal building in the Skyscraper Historic District
    Under Mayor Michael Bloomberg, Landmarks Preservation Commission Chairman Robert Tierney has anointed more historic districts than any other administration has, but Crain’s noted that his zeal is beginning to meet some resistance.

    Tierney has designated 27 such districts in his eight years, with a particular focus on the outer boroughs as previous chairs were accused of focusing too exclusively on Manhattan. But the development community and the property owners in those areas have criticized the LPC because the designations mean more expenses for them. [more]

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  • 510 Fifth Avenue

    The iconic Manufacturers Hanover Trust Branch Bank at 510 Fifth Avenue, between 42nd and 43rd streets, whose fate is now in the hands of the Landmarks Preservation Commission, is a victim of its very success in two senses of the term.

    Perhaps the more obvious sense is that the revolution it inaugurated in bank design proved so successful throughout the world that one almost requires an act of historical imagination to realize what things were like before it was completed in 1954 according to designs by Gordon Bunshaft and Charles Evans Hughes III of Skidmore, Owings & Merrill.

    Almost from the inception of banks as a distinct architectural type in the 19th century, their overwhelming point had been to communicate a sense of fortress-like solidity and permanence. “Your money is safe here,” the ever so grown-up granite masonry seemed to proclaim. But these were the very banks that wrought such havoc during the Great Depression. [more]

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