Actually Developers and the City Are Not Competing for Midtown East...
Yesterday, super-scribe Steve Cuozzo had a really smart explainer of the Midtown East rezoning (it was almost as smart as
View ArticleBill de Blasio Unveils Affordable Housing Plan: 190,000 Units, Legalized...
Until now, Bill de Blasio’s housing platform has mainly consisted of sniping at frontrunner Christine Quinn. But no longer: this
View ArticleExtell Gives Art Students League a Deadline: Approve Cantilever by Wednesday...
Extell’s controversial plan to cantilever a 1,424-foot skyscraper at 217 West 57th Street over the Art Students League, which won
View ArticleArt Students League Approves Extell Cantilever
At a meeting last night, members of the Art Students League approved Extell’s controversial plan to cantilever a 1,424-foot skyscraper
View ArticleCould More Flexible Air Rights Policies Facilitate the Growth of Affordable...
During the 1970s fiscal crisis, the city acquired significant quantities of property by way of owner abandonment and tax foreclosure,
View ArticleSky High: Times Square Marriott Sets Theater District Record With Big Air...
The Times Square Marriott at 701 Seventh Avenue has set a new record for the purchase price of Theater District air rights, paying $409 per square foot for 44,968 square feet of air rights, according...
View ArticleAir Rights for Affordable Housing: City Pitches LIC Development Deal Swap
The Economic Development Corporation has put an request for proposals that makes developers a novel pitch: development rights, at no cost, in exchange for a "permanently affordable housing program...
View ArticleLeading Elected Officials Question Development Rights in Stuy-Town Deal
Scott Stringer and others warned that the air rights component of the sale to Blackstone could have a "staggering" impact on Manhattan.
View ArticleArt Market Hits ‘Mania Phase,’ School Fights Air Rights Decision—and More
While the art market is still soaring, scholars warn it's headed for a “severe correction.”
View ArticleThe Air Up There: Smaller Residential Buildings Profit From the Skyscrapers...
While NIMBYism is very much alive and well in New York, a new development’s most direct neighbors—the ones who literally have to deal with a tower rising in their backyard—often prove more amenable to...
View Article