TF Cornerstone’s West Side project adds public school

Land Use latest committee to approve mixed-use development on West 57th Street

TRD New York /
Apr.April 25, 2014 11:20 AM

TF Cornerstone received approval yesterday from the City Council’s Committee on Land Use to proceed with its 1.9-acre Hell’s Kitchen development after agreeing to add a public preschool.

The developer said it would allot an extra 10,000 square feet of moderate-income housing, for families earning about $150,000 in annual income. The 1,025-unit rental project at 606 West 57th Street would hold 220 affordable units, rather than 205 as initially planned.

The deal, which Council member Helen Rosenthal made with the developer, calls for a pre-Kindergarten program as well as a smaller parking garage, Capital New York reported. The City Planning Commission, Community Board 4 and the Manhattan Borough President’s Office have signed off. But TF Cornerstone’s request for a zoning change in order to build the twin 28-story structures – and a 14-story cube above them — has yet to be officially approved by the city. [Capital New York] and [DNAinfo]Mark Maurer


Related Articles

arrow_forward_ios
Brookfield Property Group CEO Brian Kingston and 652 11th Avenue (Credit: Google Maps)

Brookfield drops $83M on Hell’s Kitchen hotel

A rendering of 615 Dean Street in Brooklyn and TF Cornerstone president Frederick Elghanayan

TF Cornerstone lands financing for Pacific Park dev sites

771 Ninth Avenue

It’s showtime: “Particle Ink,” interactive theater experience, headed to Hell’s Kitchen

Kuafu refinances Xinyuan’s delayed Hell’s Kitchen condo development

DivcoWest snags $91M financing deal for Hell’s Kitchen office building

TF Cornerstone lands $484M refi for Midtown rental tower

TF Cornerstone paid $143M for Pacific Park development sites

TF Cornerstone gets roughly $700M in financing for LIC affordable housing project

arrow_forward_ios