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  #621  
Old Posted Dec 10, 2014, 12:03 AM
vkristof vkristof is offline
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Nimby

[QUOTE=NYguy;6836811]The slowdown, if and when it comes, would be in office construction (it will take time to absorb all of that space). What won't slow down is the need for residential development. And besides, this is planning for the long term, not tomorrow. Bloomberg saw that, and we got the Hudson Yards wheels moving long before any office or residential tower could go up. That's what smart planning does. A city that lacks wide swaths of land to build on had better start thinking about building over wasted air space, like large, open railyards.

The good thing is that, like we are already seeing with Atlantic Yards, Hudson Yards, and Manhattan West, the city is already moving in that direction.



http://www.nydailynews.com/new-york/...icle-1.2036405

New proposal suggests moving Javits Center to Queens in a bid to increase convention business, affordable housing




A new development proposal suggests relocating the Javits Center (pictured) from Manhattan to Queens.





Developers gotta develop and talk about developing: it's what they do for a living.

i enjoy the unique voice/perspective of Mitch Waxman of Astoria, Queens who frequently walks over the bridges that span Sunnyside Yards:

http://queens.brownstoner.com/2014/12/nimby/
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  #622  
Old Posted Dec 10, 2014, 4:53 AM
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How much money does Amtrak get? Is it enough for funding the Gateway project?
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  #623  
Old Posted Dec 10, 2014, 5:15 AM
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Quote:
Originally Posted by Nexis4Jersey View Post
How much money does Amtrak get? Is it enough for funding the Gateway project?
This is just a proposal, nothing concrete yet
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  #624  
Old Posted Dec 10, 2014, 7:34 PM
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Sunnyside Does Not Seem to Want the New Javits Center




Quote:
The response to Dan Doctoroff's proposal to get rid of the Javits Center and build a new convention center over Sunnyside Yards has been a resounding "Please don't" from Sunnyside residents.
"I have never had a constituent tell me that what we need is a convention center built smack dab in that neighborhood," local Councilman Jimmy Van Bramer said at the time.
Now, 12-person committee, which includes the President of the Sunnyside Chamber of Commerce, has started a petition titled "PLEASE DO NOT BUILD OVER THE SUNNYSIDE YARDS." The goal is to get 5,000 signatures, and so far 188 people have signed. Many in the comments section have called instead for green space or improved infrastructure. The petition's author calls the proposal a "Trojan Horse" for luxury condo development.
http://ny.curbed.com/archives/2014/1...medium=twitter
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  #625  
Old Posted Dec 10, 2014, 9:55 PM
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Quote:
Originally Posted by Hypothalamus View Post
A simply extraordinary and unprecedented expansion of true urbanity. May our grid enlarge, and our towers rise.
Quote:
Originally Posted by chris08876 View Post
Now we are talking. We need housing, and something like this is a step in the right direction. Once the NIMBYS read about this project, the war drums will be heard.

The NIMBYS will assemble and fight this to the end (most of them look this anyways).
Of course the NIMBYs will fight this. It's a very large idea that would actually create 2 new large development sites, in Queens and Manhattan. If we were talking just one building, they would fight it.




Quote:
Originally Posted by vkristof View Post
Developers gotta develop and talk about developing: it's what they do for a living.
Well let me tell you, NOTHING gets done without there being talk about it first.



Quote:
Originally Posted by sparkling View Post
Sunnyside Does Not Seem to Want the New Javits Center
Again, not surprising. It's not even an official proposal yet, but they fear the validity of it happening, so they want to strike now. Ironically, the only thing they'll succeed in doing is bring more attention to it.

It's almost laughable.


http://www.thepetitionsite.com/124/2...ds/?cid=FB_TAF

PLEASE DO NOT BUILD OVER THE SUNNYSIDE YARDS


Ultimately, it comes down to de Blasio and Cuomo to get the ball rolling. Of course, they'll talk about "studies" and the like needing to be done, but it's an oppurtunity too good for the mayor and the governor to overlook. I'm sure developers are already salivating over the potential for all of this new development, even as de Blasio salivates over the potential housing. Whether it gets done is up to all of them.
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  #626  
Old Posted Dec 10, 2014, 10:42 PM
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De Blasio will make this happen. He is hellbent on affordable housing. I just hope they use this scarce land as a good opportunity to make a big contribution to the housing stock. Similar to Atlantic Yards, only bigger, denser, and quicker in its schedule.
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  #627  
Old Posted Dec 11, 2014, 1:31 AM
vkristof vkristof is offline
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Might make for a lengthy Environmental Impact Statement...

Quote:
Originally Posted by NYguy View Post
Of course the NIMBYs will fight this. It's a very large idea that would actually create 2 new large development sites, in Queens and Manhattan. If we were talking just one building, they would fight it.






Well let me tell you, NOTHING gets done without there being talk about it first.





Again, not surprising. It's not even an official proposal yet, but they fear the validity of it happening, so they want to strike now. Ironically, the only thing they'll succeed in doing is bring more attention to it.

It's almost laughable.


http://www.thepetitionsite.com/124/2...ds/?cid=FB_TAF

PLEASE DO NOT BUILD OVER THE SUNNYSIDE YARDS


Ultimately, it comes down to de Blasio and Cuomo to get the ball rolling. Of course, they'll talk about "studies" and the like needing to be done, but it's an oppurtunity too good for the mayor and the governor to overlook. I'm sure developers are already salivating over the potential for all of this new development, even as de Blasio salivates over the potential housing. Whether it gets done is up to all of them.
They also have an environmental impact statement/study/etc to complete, which might be lengthy...
The 2011 Summary of PCBs in sewer water & sediments diagram is here:
http://queens.brownstoner.com/wp-con...6ou5rod-25.jpg

The petition against has a nice graphic:

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  #628  
Old Posted Dec 18, 2014, 10:14 PM
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Measuring the progress at Hudson Yards



December 01, 2014
By Brendan O’Connor

Quote:
The Related Companies $20 billion Hudson Yards project has been called the biggest private real estate development in the nation’s history. The multi-tower office, residential and retail complex stretches from 10th to 12th Avenues and from West 30th to West 34th streets. Because the area is home to the Long Island Rail Road’s active rail yards, Hudson Yards is being built primarily on two massive platforms constructed over the rail yards and bisected by 11th Avenue. Construction on the eastern platform began in March. Sixteen buildings will eventually rise at Hudson Yards. Only one of them will be built on terra firma — 10 Hudson Yards, where ground was broken on Dec. 4, 2012. The building will, however, straddle part of the High Line, the final section of which wraps around Hudson Yards’ southern and western portions. Related’s plans call for four office towers, and there are also plans for up to nine residential buildings, along with 6 acres of public space. This month, The Real Deal looked at some of the data on construction at the project.

68,000

Estimated number of visitors who will pass through the 17 million-square-foot complex each day. Plans call for nearly 40,000 workers and residents.

2

Number of retail tenants that have signed on at Hudson Yards. The largest, Dallas-based Neiman Marcus’s first NYC store, will span 250,000 square feet: three floors of the retail complex, which will comprise more than 1 million square feet in total. Fairway Markets is taking 48,000 square feet at 10 Hudson Yards.

$75 million

Amount Related Chairman Stephen Ross says he would pay for the public artwork commissioned from British artist Thomas Heatherwick, who designed London’s 2012 Olympic cauldron. By comparison, Chicago’s “Cloud Gate” cost $23 million.

4

Number of train tunnels that lie beneath Hudson Yards: the Empire Line Tunnel, the Gateway Tunnel (under construction), and the North River Tunnels — a pair of passages through which 445 Amtrak and New Jersey Transit trains and 600,000 passengers pass every day.

24,000

Tons of steel ordered for the first platform, which will also include 14,000 cubic yards of concrete. It will weigh more than 35,000 tons.
$1.3 billion
Amount developer Related is spending on the platforms for both yards; the entire project is projected to cost $20 billion.
14 acres
Portion of the project that will be devoted to public space. Hudson Yards overall is 28 acres.

161

Number of caissons — long, steel tubes 4-5 feet in diameter that are lowered into holes, then filled with concrete — that have been placed since drilling began March to support Hudson Yards’ eastern platform. In all, 300 caissons are planned.
1
Number of cranes in New York that are strong enough to lift the caissons sunk into the ground to support the platform. There are only six such cranes in North America; the workers call the crane “Joanie.” Her heaviest lift to date took place on Oct. 30: a 244,000-pound steel column.

38%

Percentage of the rail yard that can be used to build support structures for the platform. A 100-foot truss will support the weight of the buildings where columns won’t fit because train tracks are too close together for supports to fit in between.

5,000

Number of cubic tons of concrete that have been poured so far to construct the eastern platform. About 90,000 cubic yards have been poured for 10 Hudson Yards, and 22,000 for Amtrak’s Gateway Tunnel.

40

Number of feet above sea level that Hudson Yards’ onsite electric grid will be located to protect from flooding. The grid will be powered by a 13.2 megawatt natural gas co-generation plant and four diesel generators.
http://therealdeal.com/issues_articl...rgest-project/
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  #629  
Old Posted Dec 31, 2014, 1:39 AM
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some more details on the purchase of 511-525 West 18th Street and 131 10th Avenue


131 10th Avenue

Quote:
The Related Companies has closed on the acquisition of two sites along the High Line for the firm’s latest Hudson Yards development with a $125 million loan from Deutsche Bank, city records show.

Related acquired the properties at 511-525 West 18th Street, a low-rise garage west of the High Line, and 131 10th Avenue, a parking lot that occupies the full block between West 18th and 19th Streets, for $205 million.

The New York-based mega developer purchased the sites from a partnership led by investors Barry Haskell, based in Brooklyn, and Matthew Resnicoff, based in Manhattan, according to the deed. The acquisition and financing closed on Dec. 23 and hit city records yesterday.

Crain’s New York Business first reported the news of the sale in May, citing sources that say Related will erect a 250-foot residential tower on the sites. The completed building will sit adjacent to the Frank Gehry-designed IAC headquarters building.

Related is developing several large residential and commercial towers in Hudson Yards, the largest private construction project in the country.

Representatives for Related and Deutsche Bank could not immediately be reached for comment
http://commercialobserver.com/2014/1...e-acquisition/
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  #630  
Old Posted Jan 13, 2015, 1:26 PM
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Changes could come to EB-5 investor visa program


From left: rendering of 30 Park Place, Senator Chuck Grassley and a rendering of Hudson Yards

Quote:
The EB-5 investor program, an initiative that provides non-residents with visas in exchange for investments that create jobs, is up for renewal this year.

With a Republican-controlled Congress, the program — which is popular with investors — might face political obstacles to reauthorization, according to the New York Observer. The EB-5 program has helped fund many real estate projects in the city, including Related Companies’ Hudson Yards. (http://therealdeal.com/blog/2014/12/...-eb-5-program/)

Silverstein Properties’ 30 Park Place has used foreign investors through the program as well. Forest City Ratner Companies has raised more than $475 million through the program to construct its project near the Barclays Center in Brooklyn. The Durst Organization raised $260 million through the EB-5 program in 2013 and 2014 for two apartment towers.

Congress renewed EB-5 the last nine times it has come up, according to the newspaper. Since the last renewal in 2012, however, the political climate has changed. Chuck Grassley, a Republican from Iowa has replaced fervent EB-5 supporter Senator Patrick Leahy as the head of the Senate Judiciary Committee.

EB-5, which offers a fast-track to a green card for non-U.S. citizens who invest at least $500,000 in approved projects that create jobs, currently allows 10,000 visas to be approved every year. - See more at: http://therealdeal.com/blog/2015/01/....Qy0zkygt.dpuf
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  #631  
Old Posted Jan 19, 2015, 3:49 PM
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By Francois Veilleux, on Flickr
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  #632  
Old Posted Jan 30, 2015, 9:45 PM
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Imagine if Sheldon Silver's term had come to an end years sooner. There's a very high probability that the Jets would be playing on the west side. People often say the Silver blocked the stadium, but that's not accurate. Silver was one of the "3 men in a room" which included the governor, that had to approve state funding. The city of New York and the state pledged $300 million each to the stadium project, which had a cost of nearly $3 Billion or more. Silver was the only one who refused to agree to the state funding, for which a decision to approve had to be a unanimous decision by the three.

Initially, the Jets stated they would move on and find the funding gap elsewhere. But the offer from the Giants to split the costs of a stadium in the Meadowlands was too tempting to ignore.

Anyway, if you want to relive that saga in the Hudson Yards development, curbed has a little refresher...


http://ny.curbed.com/archives/2015/0...de_stadium.php

How the New York Jets Very Nearly Got a West Side Stadium


January 30, 2015














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  #633  
Old Posted Feb 3, 2015, 5:09 PM
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Quote:
Originally Posted by chris08876 View Post
De Blasio will make this happen. He is hellbent on affordable housing. I just hope they use this scarce land as a good opportunity to make a big contribution to the housing stock. Similar to Atlantic Yards, only bigger, denser, and quicker in its schedule.
According to @trdny De Blasio proposes Sunnyside Yards redevelopment with 11,250 affordable units. Similar to StuyTown’s 11,232 units

https://twitter.com/trdny/status/562657754998136832

What he wants and what he can get are two different things though

Last edited by sparkling; Feb 3, 2015 at 5:21 PM.
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  #634  
Old Posted Feb 3, 2015, 6:04 PM
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^ New Yorkers are their own worst enemy. They'll come out and complain and fight new developments until it is either cancelled, delayed, watered down or downsized.

All of which leads to higher costs to build and/or less supply, which ultimately results in the crazy high cost of housing we are facing now. People and companies (taking jobs and talent with them) are forced to move out of the city because they can't afford to stay in the city anymore, benefitting other states and cities in the process.
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  #635  
Old Posted Feb 3, 2015, 6:22 PM
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Currently the mayor has a plan of 160k market rate, and about 200k affordable housing over 10 years. He's stepping up the program and seeking to increase density. IDK, I think this is a little low. He should be shooting for something similar to London, which has around 400k affordable housing planned. This DeBlasio plan is tentative, and may increase. Based on the current rate of permit applications, its seems to be getting higher.

Yeah usually the ones that complain are the senile crowd who forgot their dementia medication. At least thats the impression you get when you see one of those community meetings. Eh, they just don't understand economics.
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  #636  
Old Posted Feb 4, 2015, 12:01 AM
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Awesome

That photo by Hunser is amazing. 360° view. I didn't even know that MetLife took over the old Verizon building @ Bryant Park across from BOA
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  #637  
Old Posted Feb 4, 2015, 2:35 AM
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Bloomberg pushed the Hudson Yards, it looks like de Blasio will be the one to finally give Sunnyside Yards a push. We'll see what comes of it...


http://observer.com/2015/02/de-blasi...-plan-details/

De Blasio Heralds Sunnyside Yards as Next Stuy-Town, Unveils Other Housing Details





By Kim Velsey
02/03/15


Quote:
Mayor Bill de Blasio announced at the State of the City address this morning that he intends to build 11,250 affordable housing units at Sunnyside Yards—the same as the number as at Stuy-Town and Peter Cooper Village. At 200 acres, Sunnyside Yards is one of the largest undeveloped parcels in New York City, but one that presents myriad difficulties to developers as it remains an active rail yard in use by several train companies.

Mr. de Blasio compared the Sunnyside Yards plan to post-war affordable housing projects like Starrett City and Co-op City and said that it would be a “a game-changer” with enough affordable housing for “over 30,000 New Yorkers.” And unlike Stuy-Town, he said, “we’re going to make sure that affordable housing at Sunnyside Yards stays affordable.”

Mr. de Blasio said that rail tracks could be placed underground such that housing could be built on top—a process which is being undertaken at Hudson Yards, but in that case with the financial backing of developers eager to cash in on commercial rents—though he admitted that “some parts could more easily handle larger buildings being built there and some could not.”

It was yet another ambitious facet in Mr. de Blasio’s very ambitious affordable housing plan to build or preserve 200,000 units within the next decade and comes with surprisingly precise details given the nascent stage of the process.

The city is partnering with Amtrak, which owns the yards, and the Metropolitan Transportation Authority, to conduct a feasibility study, Alicia Glen, deputy mayor for housing and economic development, told reporters after the mayor’s speech, which she called the first step in seeing if such a project could be completed.

The governor’s office, meanwhile, was critical of the announcement, writing in a statement that “the MTA uses Sunnyside Yards as an important facility for our transportation system, and it is not available for any other use in the near term. The State and the MTA are studying several potential future uses of the site from a long term planning prospective.”
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  #638  
Old Posted Feb 4, 2015, 8:39 AM
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Here is who owns what, let's see if they can actually work together. Think this project is a long shot but hopefully De Blasio's plan spurs some meaningful discussion to find other means (up-zoning/rezoning) to achieve the goal: more housing

Jeanmarie Evelly
February 3, 2015

Quote:
But the city has the rights to a considerable portion of the yards, the majority of which are owned by Amtrak.

The MTA owns 66 acres of Sunnyside Yards, 44 acres of which the city owns the air rights for and can legally build above. Another 23 acres belong to private owners, while Amtrak owns 113 acres.
http://www.dnainfo.com/new-york/2015...unnyside-yards
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  #639  
Old Posted Feb 4, 2015, 1:47 PM
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Quote:
Originally Posted by sparkling View Post
Here is who owns what, let's see if they can actually work together. Think this project is a long shot but hopefully De Blasio's plan spurs some meaningful discussion to find other means (up-zoning/rezoning) to achieve the goal: more housing

One way or the other, both the governor and the mayor realize that the time has come to do something with the Sunnyside Yards. With the Hudson Yards (and Manhattan West) as the latest examples of something that can be done with the wasted airspace over railyards, combined with the increasing housing problem in the city, the momentum is building for a plan to finally be put in place. Because nothing will happen without a plan first. If part of that plan means removing the Javits to get it done, they'll have to do it. One thing is certain, the Real Estate Board (the powerful developers) are ready to build, and will push to get this done on both fronts.



http://www.rew-online.com/2015/02/03...ng-to-do-list/

Bold de Blasio adds 160,000 units to housing ‘to do’ list


By Dan Orlando
February 3, 2014


Quote:
The Real Estate Board of New York yesterday (Tuesday) applauded Mayor de Blasio’s call to strengthen his affordable housing plan by a further 160,000 units.

Calling the decision “bold,ˮ REBNY president Steve Spinola said the mayor’s call for an additional 160,000 market-rate units, above and beyond the 200,000 affordable units the administration plans to build or preserve over the next decade, “will go a long way to keeping New York the greatest city in the world in which to live, work, and raise a family.”

De Blasio began his campaign by promising the original 200,000 units of affordable living space, but Tuesday’s demand for a new wave of market rate properties is an answer to the dwindling supply and surging prices that face the city’s residential marketplace.

“Building more new market rate and affordable housing, and preserving and enhancing our current inventory of affordable housing is the only way to address our decades-long housing shortage,” said Spinola.

During his address, de Blasio warned, “If we fail to be a city for everyone, we risk losing what makes New York, New York. And nothing more clearly expresses the inequality gap — the opportunity gap — than the soaring cost of housing.ˮ

Kathryn Wylde, president & CEO of the Partnership for New York City, commented, “The high volume of affordable housing production achieved during the Koch era was the result of robust public-private partnerships.

“A collaborative approach is even more important today since city government has little inventory of cheap land and construction costs have skyrocketed. While it was not explicit in the Mayor’s speech, I trust his administration understands that forging partnerships with the development and financial industries is the only way to accomplish his housing goals.”

At the time of the most recent census (2012), the median household income amongst Manhattan residence stood at just under $67,000 per year. The average rents for the borough eclipsed $3,000 per month.

Up against slightly more modest rents, Brooklyn and Queens saw median household incomes of $44,850 and $54,373 respectively.

The highest household income belonged to the suburban Staten Island, which barely eclipsed $70,000 per year.

[b][color=blue]“Without such bold initiatives, the City’s housing market will tighten further and become even more expensive,” said Spinola. “Our industry stands ready to work with the mayor and other stakeholders to put shovels in the ground and cranes in the sky to tackle this important goal.”[/color[p.b[



http://www.nydailynews.com/opinion/e...icle-1.2102343

Sunnyside up for de Blasio
Mayor's State of the City speech offers big, ambitious plans for much-needed housing construction



Editorial
February 4, 2014


Quote:
Bill the Builder on Tuesday unfurled housing plans faster than the forces of gentrification, more powerful than not-in-my-backyard naysayers, and able to leap ultra-luxury towers in a single bound.

Kudos to Mayor de Blasio for displaying superheroic ambitions in his State of the City address.

With New York in desperate need of affordable housing, the mayor says he’ll deliver big-time through targeted rezonings, mandates on real estate developers and some major building projects.

The biggest of de Blasio’s big deals called for creating 11,250 units of affordable housing on a deck to be built over the 200-acre Long Island Rail Road and Amtrak railyards in Queens.

Let’s hope his other ideas get off to a surer start.

Gov. Cuomo’s office shot down the mayor’s “game-changer,” with the Metropolitan Transportation Authority placing the Sunnyside Yards off limits because they serve as a staging area for construction of an East Side tunnel for the LIRR.

The yards could be a prime development site.

In December, we urged de Blasio and Cuomo to delve into a proposal by former Bloomberg deputy mayor Dan Doctoroff and former city planner Vishaan Chakrabarti of SHoP Architects.

They concluded building a deck over the tracks for housing would be prohibitively expensive but could be feasible for a convention facility.

Thus, they called for moving the Javits Center to Queens and unlocking the value of its real estate on Manhattan’s West Side to build 25,000 units of housing, including 10,000 affordable apartments, there and in Sunnyside.


De Blasio brushed past that concept, perhaps because it came from Bloomberg alumni. Similarly, Cuomo may have objected to de Blasio’s notions because they stole a march on his own consideration of the railyard’s future.

Come on, folks. Take a coordinated look at building over the Sunnyside Yards. And let’s also focus on another 200-acre tract of underutilized land in Queens: Aqueduct Race Track.

Except for a gambling casino, the place is derelict. Here’s what to do: Move the horses to Belmont, a mere eight miles away, and build housing at Aqueduct. As long ago as 1994, the Planning Department envisioned 2,300 low-rise units on the track property.

The rest of de Blasio’s housing program seemed far more grounded.

He added East Harlem and Stapleton on Staten Island to neighborhoods that would be rezoned to spur development on the proviso that projects deliver affordable housing. Great.

De Blasio also pledged to invest $200 million to pave the way for 4,000 housing units on the South Bronx waterfront, as well as to use blighted land in the Rockaways for construction. Bravo.

But building big takes no small time. The laborious approval process for the first of more than a dozen rezonings, in East New York, is barely underway. De Blasio needs to get a move on.


http://www.crainsnewyork.com/article...ules-not-yours


Quote:
The mayor also had some good news for developers: He pledged to cut red tape at the Department of Buildings, add or preserve 160,000 market-rate units, expand the city's modest network of ferries in 2017 and create 20 bus-rapid-transit routes in the next four years.

The city will fund $55 million in capital costs for the new ferry routes and subsidize their operation so commuters would pay no more than the cost of a subway ride, he claimed. The economics of the plan are sure to be questioned, as current ferry fares are several times the price of a MetroCard swipe even with the city providing subsidies that are high on a per-ride basis.

Mr. de Blasio also reaffirmed that he would push for taller buildings in certain areas to help meet his goal of creating 80,000 affordable apartments over 10 years (twice the average annual rate of the past 25 years, the mayor noted). Such proposals are typically met with community opposition in the outer boroughs, although popular demand for affordability can overcome it.

Mr. de Blasio tried to reassure New Yorkers who dislike building shadows and fear gentrification and overcrowding. "We are not embarking on a mission to build towering skyscrapers where they don't belong," he said. "We have a duty to protect and preserve the culture and character of our neighborhoods, and we will do so."
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  #640  
Old Posted Feb 4, 2015, 2:07 PM
antinimby antinimby is offline
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Typical big announcements and ambitions which ultimately gets watered down by the public's input of not wanting tall buildings and lots of open space for light and air. We'll end up with a bunch of sterile, short, modern day towers-in-the-park ala Battery Park City, LIC waterfront.

I've seen this all before.
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