Developer GFP Real Estate recently filed zoning amendment applications with city planning commission to permit the enlargement of an existing arcade and office building in Lower Manhattan. Located at 100 Pearl Street, also known as 7 Hanover Square, scope of work includes an infill of the existing arcade with ground-floor retail and new lobby spaces.
The ongoing transformation of Long Island City is astounding. In the decade between 2006 and 2015, more than 8,600 housing units have been completed in the area, with well over 22,000 more on the way. Between 2012 and 2015, prices for prime development sites have jumped by 269 percent. As the neighborhood rapidly transitions from commercial/industrial to high-density residential, the local street grid, characterized by odd angles, must undergo a significant transformation. The city government began to address this need in 2010, when Jackson Avenue, the area’s principal thoroughfare, was upgraded with a green median, while a small triangular park was created at the intersection of 27th Street, Hunter Street, and 43rd Avenue.
New Yorkers breathe a collective sigh of relief as the city’s second largest snow pileup on record is steadily melting away. But while snow cover is a hazard to pedestrians and drivers alike, it also offers an opportunity to make the streets safer and more pleasant.
The new Census estimates show New York City’s population swelling to 8,491,079 people, a 52,700-person increase from the 2013 estimates (which were also revised upwards, or the increase would have been an even larger 85,242 people). Those numbers are up from a 2010 Census baseline of 8,175,133 people.
Late last month, the de Blasio administration held a public meeting in East New York to unveil some of the details of that neighborhood’s rezoning, the first comprehensive plan during the mayor’s term. And now, the Department…