Community Boards take another potshot at One Vanderbilt

Panels want SL Green to relocate lobby of tower, but recommendation is non-binding

New York /
Dec.December 23, 2014 10:18 AM

Manhattan Community Boards 5 and 6 are proposing new designs for the planned 67-story office building next to Grand Central Terminal.

The boards want to move the lobby of SL Green’s One Vanderbilt, a 1.3 million-square-foot skyscraper, from Vanderbilt Avenue at East 43rd Street to Madison Avenue and 43rd, according to the New York Post.

The community boards also proposed that the tower receive a “platinum” LEED certificate rather than a “gold” one, according to the newspaper.

Both requests are far outside of the community boards’ purview, however. The panels can make recommendations for the project, but their votes are not binding. Indeed, last week the board members voted against the construction of the building altogether.

SL Green’s proposal entered the city’s seven-month Uniform Land Use Review Procedure in November. Ultimately, the project’s fate will be up to the city council.

SL green has pledged to invest $210 million in Grand Central Terminal for transit and pedestrian upgrades. TD Bank has signed up to be the building’s anchor tenant. [NYP] Claire Moses

 

Related Articles

arrow_forward_ios
The Daily News Building at 220 East 42nd Street and SL Green CEO Marc Holliday (Credit: Getty Images)
SL Green puts Daily News building up for sale
SL Green puts Daily News building up for sale
SL Green snags private-equity firm at One Vanderbilt
SL Green snags private-equity firm at One Vanderbilt
SL Green snags private-equity firm at One Vanderbilt
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
SL Green CEO Marc Holliday (Getty, Sl Green)
SL Green shareholders cry foul on CEO bonus
SL Green shareholders cry foul on CEO bonus
SL Green’s Marc Holliday with One Vanderbilt. (SL Green, KPF Architects)
$3B refi of One Vanderbilt set to close in two weeks: report
$3B refi of One Vanderbilt set to close in two weeks: report
SL Green’s Marc Holliday and 711 Third Avenue. (SL Green)
Connecticut hedge fund takes 20K sf at SL Green’s 711 Third Avenue
Connecticut hedge fund takes 20K sf at SL Green’s 711 Third Avenue
SL Green Realty CEO Marc Holliday, 635-641 Sixth Avenue and Spear Street Capital managing director Zachary Resnick (SL Green, LinkedIn)
SL Green sells Sixth Ave building to Spear Street for $325M
SL Green sells Sixth Ave building to Spear Street for $325M
Major real estate stocks ended in negative territory this week. (Getty)
Real estate stocks, markets jittery over inflation
Real estate stocks, markets jittery over inflation
arrow_forward_ios

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

Loading...