Cuomo OKs Hudson River Park air rights bill

New York /
Nov.November 14, 2013 11:32 AM

Governor Andrew Cuomo signed a bill into law yesterday that gives the cash-strapped Hudson River Park the ability to sell up to 1.6 million square feet of air rights. Cuomo had until midnight today to decide on the fate of the bill, which will likely result in commercial and residential development at the park, located on the Far West Side of Manhattan Between Battery Place And West 59th Street.

The bill was passed the same evening that about 200 West Side residents held a meeting to discuss their concerns that excessive development would ruin the waterfront, the Villager reported. Some questioned the lack of transparency behind the bill’s approval.

“We don’t need legislation passed without appropriate input and feedback from the impacted communities,” Bill Borock, president of the Council of Chelsea Block Associations, told the Villager.

Madelyn Wils, CEO of the Hudson River Park Trust, which controls the park, was in attendance at the meeting, but declined to comment. [Villager]  – Hiten Samtani


Related Articles

arrow_forward_ios
Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)
Owners of some residential properties can’t hide behind LLCs anymore
Owners of some residential properties can’t hide behind LLCs anymore
Governor Andrew Cuomo and 538 Johnson Avenue in Brooklyn (Credit: Google Maps and Getty Images)
Landlords take another hit: Cuomo signs expanded Loft Law
Landlords take another hit: Cuomo signs expanded Loft Law
Governor Andrew Cuomo (Credit: Getty Images)
Cuomo wants to exempt NYC from prevailing wage bill
Cuomo wants to exempt NYC from prevailing wage bill
Hochul urged to resolve Mario Cuomo Bridge dispute
Hochul urged to resolve Mario Cuomo Bridge dispute
Hochul urged to resolve Mario Cuomo Bridge dispute
Cuomo's High Line project has survived him — but his other proposals remain uncertain
Cuomo’s High Line project survives him, boosting Brookfield
Cuomo’s High Line project survives him, boosting Brookfield
The parking lot at 250 Water Street (New York Public Library)
What’s next for a 50-year-old parking lot in NYC’s oldest neighborhood?
What’s next for a 50-year-old parking lot in NYC’s oldest neighborhood?
Gov. Andrew Cuomo (Getty, Photo Illustration by The Real Deal)
Cuomo touts record, urges progress on infrastructure projects in farewell
Cuomo touts record, urges progress on infrastructure projects in farewell
Maddd Equities's Jorge Madruga and Joy Construction's Eli Weiss with renderings of the project (Aufgang Architects, Getty, LinkedIn via Weiss)
Maddd Joy: Madruga, Weiss file plan for DoBro tower
Maddd Joy: Madruga, Weiss file plan for DoBro tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...