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

TRD New York /
Jun.June 20, 2017 09:03 AM
147 East 86th Street Louis Ceruzzi

From left: 147 East 86th Street and Louis Ceruzzi

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
Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest

Nooklyn CEO Harley Courts (Credit: iStock)

Brokerage slashes agent commissions, delays payments after rent law change

The Daily Digest - Tuesday

NYC apartment prices hit 4-year low, Pacific Park developers reveal new plans: Daily digest

LeBron wanted it and California’s governor signed it. What the college athlete compensation law means to real estate

Racial inequality in homeownership across US is sharpest in New York: report

arrow_forward_ios