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After December rent bills did not reflect any reductions in payments, tenant lawyers at Stuyvesant town are demanding that rents be lowered and that past rent payments be returned for those affected by the court ruling on deregulated apartments. Tenants residing within the 4,000 illegally ...
News
Peter King
Manhattan
The New York Court of Appeals upheld the use of eminent domain for the Atlantic Yards project. After the ruling, Atlantic Yards developer Bruce Ratner stated that the ruling confirmed that the project would benefit the greater public of Brooklyn and New York City. The developer expects the Net ...
Real Estate
Atlantic Yards
Brooklyn
World Trade Center developer Silverstein Properties is trying to sell Liberty Bonds to help finance the construction of three of the World Trade Center Towers. The Liberty Bonds are expected to expire by the end of 2009 but some believe that the expiration date will be extended. A hearing to ...
News
World Trade Center
Manhattan
Landlords Tishman Speyer and BlackRock, Inc. owe a combined $16 million to tenants whose rents were raised from rent stabilized to market rate. Despite a high courts ruling exposing this illegal activity, recent rent bills have not been modified to a lower rate.
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News
Peter King
Manhattan
No compromise has been reached between local Bronx leaders and The Related Companies developer regarding living wages for the proposed Kingsbridge Armory Mall. Opponents of the living wage requirement, for future retail employees, maintain that such a mandate would cause the development to ...
News
Bronx
Kingsbridge
Joel Rivera
The City is planning to rezone a six-block area in the far West Village, which would affect buildings between Washington and Greenwich streets, from 10th to 12th streets. If the rezoning is approved, the area would create height limits for new buildings and all proposed developments would have ...
Sports
Leon Washington
Manhattan
The New York Post reported that Tishman Speyer Properties, owner of Stuyvesant Town, only has enough money in reserves to pay off loan payments through December. Although other representatives disagreed with the claim, many are worried about when the property will be foreclosed within the next ...
News
Peter King
Manhattan
The opening of Pier 1 at Brooklyn Bridge Park has been delayed to January 2010. Furthermore, the opening of Pier 6 has been postponed until spring 2010.
News
Brooklyn
Brooklyn Bridge
Many North Brooklyn community members and representatives expressed concerns over whether Community Board 3 (CB 3) was given the appropriate space to provide input on the Broadway Triangle Rezoning plans. These advocates argue that the rezoning and urban renewal plans and benefits border and ...
News
Brooklyn
New York State’s Court of Appeals dismissed a case challenging the state’s ability to use eminent domain in the Atlantic Yards redevelopment project. This is the most recent legal obstacle the developer, Bruce Ratner, has faced in developing the $4.9 billion Atlantic Yards project.
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Real Estate
Atlantic Yards
Brooklyn
Bloomberg.com architecture critic James Russell faulted the design of the Atlantic Yards project for “hack expediency” that compromises Gehry’s original plan for a structure that would project energy into the downtown area.
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Real Estate
Atlantic Yards
Brooklyn
The Brooklyn Bridge Park Development Corporation (BBPDC) announced that Piers 1 and 6 will not open by the end of year as previously planned. Pier 1 is now expected to open in mid-January, while the completion of Pier 6 is now scheduled for the spring.
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News
Brooklyn
Brooklyn Bridge
City Council majority leader Joel Rivera (D-Bronx) announced Monday that the has sufficient support in the Council’s Subcommittee on Zoning and Franchises to either pass or scuttle the Kingsbridge Armory redevelopment plan. The central point of contention remains the inclusion of a “living ...
News
Kingsbridge
Bronx
Joel Rivera
Representatives from Community District 4, the Hells Kitchen Neighborhood Association and Friends of the High Line are all expected to testify Monday at the City Council Subcommittee on Zoning and Franchise’s public hearing on the proposed Hudson Yards rezoning.
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News
Hudson Yards
Manhattan
The Brooklyn Paper provided a historical context to the clean-up efforts around Gowanus Canal. Going back one hundred years, the article mentioned that New Yorkers were frustrated with the odors coming from the canal since 1911.
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News
Brooklyn
Gowanus
Executive Director of Columbia University’s Earth Institute, Steve Cohen, gave positive reviews of the rezonings that have taken place in New York City since Mayor Bloomberg took office. Cohen argues that these rezonings have helped sustained the character of low-density neighborhoods, ...
News
The first floor of the new NYU Law School building on 133-139 MacDougal Street has been constructed. Once fully completed, the building will have six floors. The building now replaces the former Provincetown Playhouse.
News
Manhattan
Board members from the Port Authority of New York and New Jersey met this week and approved cost increases for the World Trade Center development project. These approvals included an additional $1 billion in bonds that could be issued for increased capital construction costs.
News
World Trade Center
Manhattan
The decision to landmark the the B. F. Goodrich building, a 100-year old structure, is at the heart of a debate amongst members of the City's Landmarks Preservation Committee. A second building, at 57th Street and Broadway, did not receive landmark designation, though it was constructed during ...
News
Manhattan
The Broadway Triangle Community Coalition plans to protest outside of Thursday's City Council Land Use Subcommittee hearing. The coalition contends that the rezoning fails to maximize the potential benefits for all community members and did not include all residents in its rezoning ...