Posted Aug 28, 2014, 12:27 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,919
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Quote:
Spitzer disclosed his plans in an application the company filed recently to purchase an additional 138,250 square feet of bonus development rights from the city for his property at 511 West 35th Street, which runs block-through to 36th Street between 10th and 11th avenues.
Spitzer declined to comment, but if approved he would have the option of purchasing another 103,688 square feet of bonus rights from the Eastern Rail Yards. That would bring the total buildable area to 414,750 square feet. A little more than 100,000 square feet of that amount would have to be used for residential.
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Tracking...
http://a030-lucats.nyc.gov/lucats/UL...blhm2zwqvgrr55
Quote:
WITHIN THE SPECIAL HUDSON YARDS DISTRICT A CHAIR CERTIFICATION TO ALLOW AN INCREASE IN THE F.A.R. TO ALLOW A MIXED USE DEVELOPMENT AND A PAYMENT OF APPROXIMATELY $16.7 MILLION FOR THE DISTRICT IMPROVEMENT FUND BONUS
07/28/14 PROPOSAL RECEIVED BY DEPT. OF CITY PLANNING
08/25/14 RECEIVED REVISED PLAN AND/OR APPLICATION, DRAWINGS, PICTURES
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