Posted Apr 6, 2021, 11:52 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,900
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Don't know how they've managed to get this confused, it's not as if this is a new proposal. It's been around for a decade, and isn't located on the Penn Station expansion site. And it was the city, not the state, who approved this tower. But, we're surrounded by idiots on this planet, so what can you do. Nobody reads, or does any type of follow up.
https://nypost.com/2021/04/06/penn-1...-state-budget/
‘PENN 15’ skyscraper funding goes flaccid in state budget deal
By Bernadette Hogan and David Meyer
April 6, 2021
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They just can’t get it up.
Gov. Andrew Cuomo’s bid to erect 10 new skyscrapers around Penn Station — including one with the eyebrow-raising name of “PENN 15” — may have shriveled under the state budget deal reached by the governor and legislative leaders on Tuesday.
Language in the budget bill set for approval Tuesday authorizes a $1.3 billion loan to fund Cuomo’s “Empire State Complex” revamp of the railway hub — but explicitly restricts use of the money to transportation.
Instead of being spent on land for new office towers, the money “shall only be used in furtherance of [expanding Penn Station] or other transportation improvement projects and not for above-grade development,” according to the bill.
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At 1,216 feet, PENN 15, located at 15 Penn Plaza, would be the development’s centerpiece. The project would be led by Vornado Realty Trust, which is owned by Cuomo donor Steven Roth.
But state funding for now will be limited to the effort to remodel and expand track capacity Penn Station — satisfying state legislators opposed to Cuomo’s above-ground vision.
State officials have said they plan to move through the project without a “ULURP,” or Uniform Land Use Review Procedure — a standardized process for public review of projects in the city.
“I am extremely concerned about a project of this magnitude — larger than even Hudson Yards — somehow being approved without local consultation and planning,” state Sen. Brad Hoylman told The Post.
Hoylman called Cuomo’s plan “another giveaway to developers.”
“With a vacancy rate at over 17 percent in Midtown we need to think about creating jobs, not employee office space,” he said.
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https://www.theguardian.com/us-news/...r-andrew-cuomo
New York plans to erect Empire State Building-sized Penn 15 skyscraper
Plans hang on New York budget negotiations as Cuomo accused of attempting to railroad the state into allowing the development
Adam Gabbatt
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Eyebrows have been raised over a proposal for a huge skyscraper in New York City, called Penn 15 and comparable in size to the Empire State Building.
Andrew Cuomo, New York’s governor, hopes to erect Penn 15 as part of a plan to redevelop midtown Manhattan and improve the city’s transport.
The 1,200ft building would include 27 landscaped terraces, according to the developer, Vornado Realty Trust, and 57 floors of office space.
Vornado describe Penn 15 as a “super-tall tower that will become the new standard for office design”, featuring “a unique side core design to allow for flexible office configurations and terraces on every fourth floor to maximize access to light and air”.
Plans for Penn 15 hang on New York budget negotiations. Cuomo has been accused of attempting to railroad the state into allowing the development.
“This is a land grab from Andrew Cuomo, plain and simple,” Bill Neidhardt, press secretary for the New York City mayor, Bill de Blasio, said in a tweet. “The whole scheme relies on overriding city rules and Cuomo has refused to answer how he will finance this endeavor.”
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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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