Historic Districts Council to name 33 buildings that need protection in Midtown East

TRD New York /
Jan.January 29, 2013 09:30 AM

The Historic Districts Council will reveal today a list of 33 buildings in Midtown East that it believes should be protected in the wake of the city’s rezoning proposal for the area, Crain’s reported.

The final list of 33 — whittled down from an initial 78 — includes 20 commercial buildings, six hotels, four institutional buildings and three residential buildings. These include the Yale Club on Vanderbilt Avenue, the Minnie Young residence on East 54th Street and the former Union Carbide building at 270 Park Avenue.

The buildings were chosen based on what they contributed to the architectural makeup of the city. Another criterion was buildings that would be considered underbuilt, or ripe for development, were the Midtown East proposal — which is expected to be the catalyst for bigger and taller buildings in the area — to pass.

“In that instance there is a much higher level of threat to the continued existence of the building,” Simeon Bankoff, executive director of the Historic Districts Council, told Crain’s. He added that if these buildings were landmarked, they could still sell air rights to neighboring developers.

But REBNY president Steven Spinola told Crain’s that the current restrictions on air rights sales, which require them to be sold only to adjacent properties or in the case of landmarks to those across the street, would limit the landmark buildings’ options.

“There may be some that are worthy of designation,” Spinola said. “But it’s funny that a lot of these sites also happen to correspond to the sites that could take advantage of the rezoning and create wonderful new office towers.” [Crain’s]  —Hiten Samtani


Related Articles

arrow_forward_ios
305 East 46th Street (Credit: iStock)

Japanese firm lands $84M financing for Midtown East buy

219 East 44th Street (Credit: StreetEasy and iStock)

This seven-story $53M penthouse has been broken up into six units. The first just hit the market for $16M.

Clockwise from top left: 237-24` East 62nd Street, 957 Woodycrest Avenue, 210 Clarkson Avenue, 950 Woodycrest Avenue (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

350 Park

Vornado, Rudin mull 1,450-foot tower in Midtown East

Suri Kasirer

WATCH: Suri Kasirer on the influence of her father’s Holocaust stories and lobbying hard for the Vanderbilt Corridor and Cornell Tech

JPMorgan is redesigning 270 Park after pushback over public space

JPMorgan is redesigning 270 Park after pushback over public space

Grand Central and Chrysler building in daytime

RXR joining TF Cornerstone, MSD Capital on $3B Grand Hyatt redevelopment

Asset manager Davidson Kempner to upgrade Westin Grand Central hotel

Asset manager Davidson Kempner to upgrade Westin Grand Central hotel

arrow_forward_ios