Community board rails against Ceruzzi Properties’ plans for subway entrance near new condo tower

Developer agreed to pay more than $8M to upgrade subway stairs

New York /
Jun.June 20, 2017 09:03 AM

Ceruzzi Properties’ TRData LogoTINY plans to create new subway entrances on 86th Street will pose a danger to pedestrians, according to Community Board 8 members.

The developer plans to move the subway entrances to the sidewalk instead of keeping them inside the 18-story condominium that Ceruzzi is building at 147 East 86th Street, DNAinfo reported. The entrances were originally within the existing building on the site and are being removed to make way for retail on the ground floor of the new project.

During construction of the 63-unit building, which is expected to last through 2019, subway riders will need to use a temporary entrance in the middle of 86th Street. Last year, Ceruzzi cut a deal with the Metropolitan Transportation Authority, agreeing to pay $7 million to replace the subway stairs and another $1.5 million to maintain an elevator that the developer is also adding to the new entrance.

The plans for the new entrances were presented to the community board for the first time last week, and several members weren’t happy with what the developer presented.

“You’ve created an obstacle course for pedestrians on one of the busiest streets on the Upper East Side,” said new CB8 member Valerie Mason. “If you put [the stairs] back in the building, it will be a much better usage of sidewalk space for pedestrians who really need it on 86th Street.” [DNAinfo]Kathryn Brenzel

(To view more of Ceruzzi Properties’ new construction projects, click here)


Related Articles

arrow_forward_ios
(Illustration by Alexis Manrodt for The Real Deal)
The Real Deal’s Prodigy exposé wins NY Press Club Award
The Real Deal’s Prodigy exposé wins NY Press Club Award
The penthouse in Lightstone's 40 East End was the most expensive contract, with developer David Edelstein of TriStar Capital selling the second priciest (Lightstone, Getty)
After early-July lull, Manhattan luxury deals are on the upswing again
After early-July lull, Manhattan luxury deals are on the upswing again
Brad Inman and Beringer Capital's Perry Miele (Inman, Beringer)
Inman acquired by private equity firm Beringer Capital
Inman acquired by private equity firm Beringer Capital
Gov. Andrew Cuomo (Getty, iStock)
NY rent relief rollout slowly inches forward as evictions loom
NY rent relief rollout slowly inches forward as evictions loom
Eric Adams (Getty, iStock)
City program could supplement state rent relief — if next mayor signs off
City program could supplement state rent relief — if next mayor signs off
John Catsimatidis and 670 Pacific Street (Getty, StreetEasy)
Catsimatidis notches win for landlords in 421a suit; tenants vow to appeal
Catsimatidis notches win for landlords in 421a suit; tenants vow to appeal
(iStock)
Overbooked Hamptons hotels spark bidding wars
Overbooked Hamptons hotels spark bidding wars
Photo illustration of Nest Seekers' Dylan Eckardt and the Amagansett property (iStock, Nest Seekers)
Tall tale: Nest Seekers’ “$50M” Amagansett sale was actually $16.5M
Tall tale: Nest Seekers’ “$50M” Amagansett sale was actually $16.5M
arrow_forward_ios

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

Loading...