The Real Deal New York

Posts Tagged ‘Midtown East Rezoning’

  • 1 Vanderbilt rendering (Kohn Pederson Fox)

    1 Vanderbilt rendering (Kohn Pederson Fox)

    Opinions on SL Green’s 1 Vanderbilt were mixed at a meeting on Tuesday of the Landmarks and Preservation Commission, which sought to weigh in on the design of the 65-story building’s base and its effect on Grand Central Terminal. [more]

    Comments
  • East 53rd Street subway station in Midtown East

    East 53rd Street subway station in Midtown East

    As Mayor Bill de Blasio’s administration gingerly dips a toe back into a possible rezoning of Midtown East, a separate proposal to overhaul the area’s East 53rd Street/Lexington Avenue subway station threatens to kick off yet another “capital-scheme boondoggle,” according to the New York Post’s Steve Cuozzo.

    MTA chief Thomas Prendergast recently told Crain’s that he wants to redesign the station, a project that would ideally get rolling before the area sprouts any new buildings amid an anticipated rezoning. A revamped station would therefore be better able to deal with the influx of new workers that rezoning would bring, he has said. [more]

    Comments
  • From left: Andrew Penson, Grand Central and 1 Vanderbilt rendering

    From left: Andrew Penson, Grand Central and 1 Vanderbilt rendering

    Lawyers for Grand Central Terminal’s landlord have threatened to sue the city for $1 billion over an air-rights dispute related to the construction of SL Green’s One Vanderbilt. [more]

    2 Comments
  • From left: Dan Garodnick and Gale Brewer

    From left: Dan Garodnick and Gale Brewer

    The leaders of the Midtown East rezoning steering committee pledged to consult city unions, clarifying their position after labor groups were left with no place on the task force when its makeup was announced last week. [more]

    Comments
  • From left: Gale Brewer, Midtown East and Daniel Garodnick

    From left: Gale Brewer, Midtown East and Daniel Garodnick

    On Wednesday politicians gave the city’s developers a better idea about who will devise recommendations meant to pave the way for the rezoning of Midtown East. [more]

    1 Comment
  • Renderings of 1 Vanderbilt

    Renderings of 1 Vanderbilt

    Design plans for SL Green’s 67-story glass tower across from Grand Central went before Community Board 5’s landmarks committee last week, where the proposed transparent façade set back at an angle on 42nd Street met with mixed reviews. [more]

    1 Comment
  • From left: Grand Central Terminal and 1 Vanderbilt rendering

    From left: Grand Central Terminal and 1 Vanderbilt rendering

    The city has written a limit on hotel development into its proposal to rezone five blocks near Grand Central. The proposed cap could help win support from the powerful hotel workers union and lawmakers. [more]

    2 Comments
  • alicia-glen-goldman

    Deputy Mayor Alicia Glen

    The city is looking into approximately 15 neighborhoods that are “ripe for increased density,” Deputy Mayor for housing and urban development Alicia Glen said at a panel today.

    Glen added that she expects to see new residential buildings begin to crop up following the administration’s rezoning by the end of 2015. The neighborhood developments will be extensively studied, and each will take between four and five years to be completed, she said. [more]

    Comments
  • From left: Rendering of One Vanderbilt's exterior, floor plan of tower's base and drawings of the building

    From left: Rendering of One Vanderbilt’s exterior, floor plan of tower’s base and drawings of the building

    Though the ultimate fate of a proposal to rezone Midtown East remains in limbo, SL Green is forging ahead with new plans for its 67-story One Vanderbilt. [more]

    Comments
  • From left: Thomas Prendergast, Grand Central Terminal, Carl Weisbrod

    From left: Thomas Prendergast, Grand Central Terminal, Carl Weisbrod

    The MTA expects the rezoning of Midtown East to put stress on nearby subway lines, but in a departure from the past, the authority plans to deal with problems before they occur — and it expects developers to help underwrite solutions sooner rather than later. [more]

    Comments
  • From left: Mayor Bill de Blasio and the view of midtown East

    From left: Mayor Bill de Blasio and the view of Midtown East

    Expect delays on the rezoning of Midtown East. [more]

    2 Comments
  • From left: Mayor Bill de Blasio, Midtown East and Alicia Glen

    From left: Mayor Bill de Blasio, Midtown East and Alicia Glen

    The de Blasio administration is gearing up to relaunch the debate over a rezoning of Midtown East next month. [more]

    Comments
  • Midtown East

    Midtown East

    Two months after Mayor Bloomberg’s Midtown East rezoning proposal fizzled, the debate over a revamp of the commercial zone rages on. [more]

    5 Comments
  • Bill-de-Blasio-and-family

    Mayor Bill de Blasio (center) and his family

    year_in_reviewNew York City real estate can sometimes feel like a blood sport, with a host of rivals vying to get the upper hand. Luckily, here at The Real Deal, we have a ringside seat. And in 2013, the industry did not disappoint. Office towers traded for more than $1 billion, retail rents cracked $3,000 per square foot, and $100 million became the new $50 million in residential listings. The Midtown East rezoning came and went, as did more than one commercial brokerage CEO. And let’s not forget that little matter of the mayoral election. Read on for the editorial staff’s picks of the biggest stories of the year. [more]

    Comments
  • From left: Dan Garodnik and Melissa Mark-Viverito

    From left: Dan Garodnick and Melissa Mark-Viverito

    City Council member and would-be Speaker Dan Garodnick, a thorn in the Bloomberg administration’s side during the failed Midtown East rezoning bid, is softening the real estate industry’s stance against him. [more]

    Comments
  • From left: Rendering of the Kingsbridge Ice Center and Staten Island's New York Wheel

    From left: Rendering of the Kingsbridge National Ice Center and Staten Island’s New York Wheel

    In the waning days of the Bloomberg administration, a number of high-profile “legacy projects” are squeaking through. Among them are the $580 million Empire Outlets mall and New York Wheel Ferris wheel on Staten Island, a $16 million experimental micro-apartment building in Kips Bay and the Kingsbridge National Ice Center in the Bronx. [more]

    2 Comments
  • From left: Michael Bloomberg, Midtown East and Peter Ward of the Hotel Trades Council

    From left: Michael Bloomberg, Midtown East and Peter Ward of the Hotel Trades Council

    The Bloomberg administration offered the city’s powerful hotel workers’ union a major concession in the final days of the push to get the Midtown East rezoning approved, promising that any new hotel in the 73-block rezoning area would have to employ unionized workers. [more]

    Comments
  • From left: Manhattan Beep Scott Stringer and Midtown East

    From left: Manhattan Beep Scott Stringer and Midtown East

    Outgoing Manhattan Borough President Scott Stringer is changing his tune again on the Midtown East rezoning project. [more]

    Comments
  • vanderbilt

    Rendering of office tower One Vanderbilt in Midtown East

    The demise of Mayor Bloomberg’s Midtown East rezoning proposal put a freeze on developer SL Green Realty’s lofty plans for a 65-story, 1.5 million-square-foot office tower One Vanderbilt adjacent to Grand Central Station. [more]

    Comments
  • bloomberg-midtown

    Midtown East (Inset: Michael Bloomberg)

    UPDATED, 9:48 p.m., Nov. 12: Just before the City Council vote slated for this week, Mayor Michael Bloomberg withdrew his application today for the controversial 73-block Midtown East rezoning, citing an absence of backing from legislators. [more]

    4 Comments
MENU