A block a little north of Madison Square Park is on its way to a major transformation, thanks to action by the Landmarks Preservation Commission on Tuesday. The block in question is between Fifth Avenue and Broadway, on West 29th Street and part of West 30th Street.
This morning, the City Council’s Land Use Committee is slated to vote on a bill called Intro. 775-A. The legislation was introduced last year by Council Members David Greenfield and Peter Koo and it would impose a set of restrictions and deadlines on the Landmarks Preservation Commission. To say preservationists and the public are unhappy with it would be an understatement and, on Monday morning, a rally against it was held on the City Hall steps.
Back in September of 2014, real estate investors Enrique Alonso and Katherine Pozycki-Alonso acquired, for $19.2 million, the three-story, 11-unit residential building at 138-140 West 11th Street, in Greenwich Village. Now, an unknown buyer has acquired the 12,000-square-foot property for $31 million and is planning to transform it into a single-family mansion, according to the Wall Street Journal. The structure, which previously contained two rent-stabilized apartments, is being delivered vacant. Extensive renovations to the interior are expected. The 5,450-square-foot lot currently contains 16,240 square feet of residential air rights, so an expansion is also possible. Any exterior alterations to the property must be approved by the Landmarks Preservation Commission, as the townhouses sit within the Greenwich Village Historic District.
One of the greatest single engineering challenges currently under construction in New York City has risen above ground. That project is the supertall mixed-use residential tower 111 West 57th Street, located just west of Sixth Avenue in Midtown, and we can see the construction progress on the Billionaires’ Row building thanks to several photos posted by YIMBY Forums users.
A very long process has finally reached its resolution. On Thursday, the plan to convert the landmarked former First Church of Christ, Scientist in New York City at 361 Central Park West into condominiums was voted down by the Board of Standards and Appeals.