Silverstein zoning in on zoning change for West Side tower

Developer seeking to build more residential units at 520 West 41st Street than currently allowed

New York /
Jul.July 03, 2014 08:00 AM

Larry Silverstein wants to pack lucrative residential space into his recently revealed 106-story West Side tower, but he’ll need the city to change the zoning rules in order to do so.

Current zoning only allows for about half of the residential space Silverstein wants to include at 520 West 41st Street, Crain’s reported. The building is located within the Hudson Yard Special District, where rules stipulate that buildings should primarily provide commercial space.

Silverstein is arguing that this particular plot has more in common with the residential blocks just north in Hell’s Kitchen, in part because the Lincoln Tunnel outbound approach cuts it off from the rest of Hudson Yards, according to a Silverstein Development document cited by Crain’s.

The company also points to the glut of high-density buildings in the area, arguing that 520 West 41st will be difficult to fully develop without including more residential units, Crain’s reported.

If the plan goes through, the building would set a record for the most number of floors and and units in a New York City building, as New York YIMBY previously noted. [Crain’s]Tom DiChristopher


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images and Wikipedia)
Facebook close to finalizing Hudson Yards office deal: report
Facebook close to finalizing Hudson Yards office deal: report
SL Green’s locks in big bank lease at Hudson Yards redevelopment site
SL Green’s locks in big bank lease at
Hudson Yards redevelopment site
SL Green’s locks in big bank lease at
Hudson Yards redevelopment site
(iStock)
Banks, tech among departures sinking Midtown office market
Banks, tech among departures sinking Midtown office market
Related CEO Jeff Blau and 455 Tenth Avenue (Chris Martin, Google Maps, iStock)
Related launches lodging for executives’ hybrid work
Related launches lodging for executives’ hybrid work
From left: Metro Loft Management founder Nathan Berman, Silverstein Properties chairman Larry Silverstein, and 55 Broad Street (Metro Loft, Silverstein Properties, LoopNet)
Silverstein, Metro Loft pick up Rudin’s 55 Broad Street for $180M
Silverstein, Metro Loft pick up Rudin’s 55 Broad Street for $180M
Taconic Partners' Matthew Weir and Hudson Research Center 61 at 9 West 54th Street (iStock, Taconic Partners, Hudson Research Center)
RPI signs at Taconic and Silverstein’s life sciences hub
RPI signs at Taconic and Silverstein’s life sciences hub
Major Food Group managing partner Jeff Zalaznick in front of 37 Hudson Yards (Major Food Group, Google Maps)
Major Food Group bringing members club to Hudson Yards
Major Food Group bringing members club to Hudson Yards
arrow_forward_ios

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

Loading...