The City Planning Commission voted this morning to certify the rezoning of Midtown East, beginning the public review process for a dramatic upzoning that the city hopes will generate new office buildings.
Articles by Rebecca Baird-Remba
The long-planned Hudson Yards neighborhood is finally becoming a reality on the Far West Side of Manhattan. Developer Related Companies has filed plans for another gigantic office building, 50 Hudson Yards, at 415 10th Avenue.
Last year, Bauhouse Group’s Joseph Beninati unveiled ambitious plans to build a 950-foot-tall skyscraper at 3 Sutton Place, also known as 430 East 58th Street. Beninati defaulted on a $147 million loan in January, and the original lender for the deal, Gamma Real Estate, purchased the site and air rights for $98 million in a foreclosure auction last month. Now they’ve filed plans for an 844-foot-tall residential building on the property between First Avenue and Sutton Place.
Since Fortis Property Group announced last month that it would develop the former Long Island College Hospital site in Cobble Hill without a rezoning, it has filed plans for two mid-rise buildings there. Now the Dumbo-based firm has submitted applications for a 28-story development at 339 Hicks Street, between Atlantic Avenue and Pacific Street.
Stagg Group, which is building several market-rate projects throughout the Bronx, is also working on a partially-affordable development in Bedford Park, a working class Bronx neighborhood home to Puerto Rican, Dominican, Ecuadorian, and Indian communities.