Beaver House applies for public parking

New York /
Feb.February 16, 2009 03:35 PM

The developers of the William Beaver House at 15 William Street in the Financial District applied for a special permit to create a 195-space public parking garage, according to the Department of City Planning Web site.

SDS 15 William Street filed the application Jan. 22 for the nearly completed, 319-unit condominium tower located at the intersection of William and Beaver streets.

The project’s co-developers SDS Investments and Andre Balazs already have 65 underground parking spaces as-of-right in the 47-story building at William and Beaver streets, a spokesperson for the project said. Residents began moving into the building in the New Year.

The new application would not involve additional construction, but would use existing underground space for the additional 130 spaces, the spokesperson said.

The community board is not opposing the move.

Community Board 1 voted unanimously in May 2008 in favor of a resolution calling for additional public parking at the site, saying that 617 parking spaces had been lost since 2003 in a quarter-mile radius around the condo.

A zoning expert not affiliated with the site said it was common for developers to file for the as-of-right parking first and later file for additional spaces.


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