Kingsbridge apartment building plans get favorable ruling

TRD New York /
Sep.September 12, 2011 01:45 PM

Residents in Van Cortland Village in the Bronx have lost a fight with
GRA V over development plans at Giles Place, Crain’s reported. In
2004, the Fort Independence Park Neighborhood Association had
successfully petitioned the city to have the neighborhood rezoned to
allow only single- and two-family homes to be added to a mix that
includes some apartment houses. But as soon as the changes were
approved, GRA V started constructing its apartment building at 3329-3333 Giles Place, to
complete the foundation in the ground before the new rules could take
effect.

Neighbors said the rushed construction went into the night,
and that the developer did the demolition without proper asbestos
abatement. “This is a particularly egregious example of where the
developer did everything wrong and the neighborhood did everything
right,” said Assemblyman Jeffrey Dinowitz, whose district includes
Giles Place. “The property was bought with the simple vision to build a
multi-family building,” said Jordan Most, a lawyer with Sheldon Lobel
who represents GRA V. “When it became clear the zoning change was
afoot, construction proceeded fast because [the developer] was trying
to protect his investment.” In 2004, the Department of Buildings
stopped work after discovering that the building’s foundation read too
far On The Sidewalk And The Road, in violation of local ordinances. In
2005, the department revoked one of the building permits.

But in
August, in response to a an appeal by GRA V, the Board of Standards
and Appeals ruled that GRA V had invested enough money in the project
and had installed enough of the foundation prior to the zoning change
to establish a “vested right to complete construction.” FIPA may take
the issue to court, and vows to report any further violation.
[Crain’s] 


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Breather CEO Bryan Murphy (Credit: LinkedIn and iStock)

Breather bloodbath: Flex-office startup fires at least 10% of staff

The Tel Aviv Stock Exchange (Credit: Getty Images)

All Year’s Israeli bonds tumble on $41M loss

Brooklyn Point at 138 Willoughby Street and Extell Development’s Gary Barnett (Credit: Alistair Gardiner for The Real Deal)

And you get an incentive! Extell offers to pay carrying costs at Brooklyn’s tallest tower

225 Park Avenue South, Buzzfeed CEO Jonah Peretti and Facebook CEO Mark Zuckerberg (Credit: Getty Images)

The Midtown South home of Facebook, Buzzfeed asks up to $800M

According to a lobbyist, the REBNY is not planning to attend Governor Andrew Cuomo’s birthday party (Credit: Getty Images, iStock)

Big Real Estate facing new limits on NY state campaign contributions

arrow_forward_ios