City Council greenlights Governors Island rezoning

Plan clears the way for nearly 4M sf of development

New York /
May.May 27, 2021 03:40 PM
Governors Island (Getty)

Governors Island (Getty)

Governors Island could soon be home to nearly 4 million square feet of new development.

The City Council on Thursday voted in favor of rezoning the south end of the island, which will allow for the construction of university space, hotels, offices, research facilities and retail across 34 acres. New development would be located within two areas that are home to vacant Coast Guard buildings and former barracks, which would be demolished.

Ahead of Thursday’s vote, a number of changes were made to the Trust for Governors Island’s rezoning application, including a cap on building heights, and limitations on the amount of office and hotel space. Planned development includes a research center that would be anchored by a yet-to-be selected institution focused on studying the impacts of climate change. A timeline for construction has not yet been finalized.

Ahead of her vote in favor of the rezoning, Manhattan Council member Margaret Chin, whose district includes the island, noted the high cost of restoring its historic buildings. The proposed development is expected to generate revenue to help maintain the island and turn it into a year-round public attraction.

“Governors Island was meant to be mixed-use so that it can help sustain itself,” she said. She also dismissed concerns raised by advocates that the rezoning would threaten public space, saying there is still “lots of precious open park space.”

“Go out there and visit the island. The island is open to everyone,” she said.

Adjustments to the proposal — including the height caps, addition of increased ferry service and limitations on intrusions on public space — were made after Chin and community board members raised concerns about the scale of the potential development. The Metro Area Governors Island Coalition, which opposes the rezoning, has called the changes “inadequate.”





    Related Articles

    arrow_forward_ios
    A photo illustration of Mayor of New York City Eric Adams (Getty)
    Eric Adams proposes 6K new units near Bronx commuter stations
    Eric Adams proposes 6K new units near Bronx commuter stations
    Kathy Hochul, Lee Zeldin, elections, Real estate and Politics, 421a
    Industry hopes Hochul’s win sparks changes to rent aid, 421a
    Industry hopes Hochul’s win sparks changes to rent aid, 421a
    Kathy Hochul (right) and Lee Zeldin (Getty)
    What Hochul’s victory means for real estate
    What Hochul’s victory means for real estate
    From left: Judge Debra James, Elizabeth Street Garden's Joseph Riever, and Pennrose Development's CEO Mark H. Dambly (Getty, New York Courts, Elizabeth Street Garden, Pennrose Development)
    Judge halts Elizabeth Street Garden development — for now
    Judge halts Elizabeth Street Garden development — for now
    Southampton Village mayor Jesse Warren with 20 North Sea Road (Loopnet, Getty)
    Hamptons mayor issues veiled threat to store’s landlord
    Hamptons mayor issues veiled threat to store’s landlord
    Mayor Eric Adams (Getty)
    Mayor eyes policy change to speed housing projects
    Mayor eyes policy change to speed housing projects
    City Council member Shahana Hanif with 153-157 Ninth Street (Shahana Hanif, Getty, Google Maps)
    Vise squad: Project foes put squeeze on Brooklyn pol
    Vise squad: Project foes put squeeze on Brooklyn pol
    Council member Shahana Hanif with 153-157 9th Street
    Another rezoning gets through, but housing is shrunk
    Another rezoning gets through, but housing is shrunk
    arrow_forward_ios

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

    Loading...