City Council committee OKs AvalonBay’s 673-foot East Harlem tower

Under terms of the deal, a third of the roughly 1000 apartments will be affordable

New York /
Aug.August 10, 2017 04:50 PM

AvalonBay Communities can move forward with the 60-story tower it planned for East Harlem after a City Council Committee approved the project on Thursday. The approved development will allow Mayor Bill de Blasio to add more than 300 of the tower’s approximately 1,000 apartments to his affordable housing tally.

City Council Speaker Melissa Mark-Viverito also supported the project, saying Thursday that “the public benefits helped mitigate concerns” from area residents about the building’s proposed colossal height.

Marina Ortiz, founder of the East Harlem Preservation group, previously called the plans “frightening” and criticized the affordability restrictions, which range between 40 and 60 percent of the area median income, as inadequate for the community.

AvalonBay’s tower will fill up an entire block between 96th and 97th streets between First and Second Avenue. Plans include a public park and two new school buildings. The city’s Educational Construction Fund is a partner on the project, and an existing playground will be relocated to make way for the high-rise.

The developers qualified for the rezoning in exchange for affordable apartments, under a de Blasio-championed policy called Mandatory Inclusionary Housing. But neighborhood groups have resisted many of these projects and a handful have been scrapped altogether. Last year, Queens councilman Jimmy Van Bramer succeeded in stamping out plans for an entirely affordable project proposed by Phipps Houses in Sunnyside.

And in East New York, which was rezoned last year, no private developer has attempted a project that requires a rezoning[Crain’s] — Will Parker


Related Articles

arrow_forward_ios
Meredith Marshall (Photo by Emily Assiran)
“We need more housing”: Q&A with BRP Companies’ Meredith Marshall
“We need more housing”: Q&A with BRP Companies’ Meredith Marshall
(iStock/Photo Illustration by Kevin Rebong for The Real Deal)
Dubious gentrification study will backfire on New York City
Dubious gentrification study will backfire on New York City
Ryan Serhant and Gary Barnett on Development Slowdown in Pandemic
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
227 Grand Street in Williamsburg, and the Tel Aviv Stock Exchange (far left)
“I suppose a lot of people have a full stomach from what he did:” Inside Yoel Goldman’s very bad year
“I suppose a lot of people have a full stomach from what he did:” Inside Yoel Goldman’s very bad year
(iStock/Illustration by Alexis Manrodt for The Real Deal)
Emerald Equity siphoned security deposits at now-bankrupt buildings
Emerald Equity siphoned security deposits at now-bankrupt buildings
The newest plan for the New York Wheel is 210 feet shorter than the 2018 plans. (Cosentini Associates, Getty)
Honey, I shrunk the Wheel: Smaller ride planned for Staten Island
Honey, I shrunk the Wheel: Smaller ride planned for Staten Island
Modell's at 360 Fulton Street, Brooklyn (Google Maps)
Former Modell’s site in Downtown Brooklyn up for sale
Former Modell’s site in Downtown Brooklyn up for sale
Corey Johnson (Getty, iStock)
When NIMBYs attack: Why CoJo’s master plan won’t fly
When NIMBYs attack: Why CoJo’s master plan won’t fly
arrow_forward_ios

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

Loading...