Officials want the developers of waterfront megatowers in Two Bridges to slow down

Builders, including JDS, Starrett Corp., L+M and CIM Group, said delaying review process is "counterproductive"

New York /
Mar.March 21, 2017 09:50 AM

City and state officials are calling on JDS Development, Starrett Development and Two Bridges Associates (a partnership between L+M Development Partners and the CIM Group) to allow more time for the community to weigh in on their proposed collective waterfront developments in the Two Bridges neighborhood.

Community members stormed out of a meeting in January after the developers shot down a demand for an extended community engagement period before starting the environmental impact review process for their four planned towers. The developers said delaying the review would be “counterproductive,” but elected officials — including Manhattan Borough President Gale Brewer, Councilwoman Margaret Chin, Congresswoman Nydia Velazquez, state Sen. Daniel Squadron and Assemblywoman Yuh-Line Niou — wrote a letter to the developers seeking an extension, DNAinfo reported.

“Embarking on community engagement with a community that feels rushed into making decisions on their priorities without adequate information is disingenuous,” the officials wrote. “We require time to create understanding and arrive at consensus about our community’s needs and desirable outcomes.”

The three developers plan to build massive residential towers along the waterfront, not far from where Gary Barnett is constructing One Manhattan Square.

JDS’ 247 Cherry Street would rise 77 stories, and Two Bridges Associates plans to build two towers at 260 South Street. Starrett’s 259 Clinton Street is set to rise 62 stories. [DNAinfo] — Kathryn Brenzel 


Related Articles

arrow_forward_ios
Hong Kong Stock Exchange (Getty)
Investors sell off Chinese real estate stocks
Investors sell off Chinese real estate stocks
The Centre at Purchase at 1, 2, 3, 4 Manhattanville Road with George Comfort & Sons CEO Peter Duncan (George Comfort & Sons)
Westchester office park owned by George Comfort & Sons slated for auction
Westchester office park owned by George Comfort & Sons slated for auction
Attorney General Letitia James and A&E Real Estate CEO James Patchett (Getty, iStock)
A&E pays just $510K in lead-paint settlement
A&E pays just $510K in lead-paint settlement
Seeding from recapitalization of 25 health care properties
KKR, Cornerstone in $1B JV to develop health care facilities
KKR, Cornerstone in $1B JV to develop health care facilities
The Broadway location of Halloween Adventure (Facebook via New York Costumes / Halloween Adventure)
Halloween Adventure to vacate East Village home as retail condo hits market
Halloween Adventure to vacate East Village home as retail condo hits market
124 South Middle Neck Road in Great Neck, Long Island and Hornig Capital Partners Managing Partner Daren Hornig (Google Maps, Hornig Capital)
Size, security, transparency: Great Neck apartment project delayed following local pushback
Size, security, transparency: Great Neck apartment project delayed following local pushback
Bluerock Residential CEO Robert Ramin Kamfar (Owler)
NY-based multifamily REIT Bluerock explores sale
NY-based multifamily REIT Bluerock explores sale
Ardie Tavangarian (Photo by Kevin Scanlon)
LA’s gentleman builder on developing for the ultra-wealthy
LA’s gentleman builder on developing for the ultra-wealthy
arrow_forward_ios

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

Loading...