CityRealty Insider > New Developments in the News

New Developments in the News

AUGUST 10, 2009

The stop-and-go story of Manhattan development

To add to your recession deadpool feed: A list of stalled buildings that the New York City Department of Buildings begun updating based on the findings of a five-person department task force. The tally at the end of July put the number of stalled buildings in the city at 395, 68 of which are in Manhattan. Better news: A bill was introduced at City Council that would give extensions on building permits to developers who adhere to certain standards of safety and maintenance at sites that were stalled by the financial crisis. The intent of he measure is to give them a bit more time to get their finances in order.

A team headed by Young Woo & Associates —developers of the nearby Chelsea Arts Tower and a condo-in-progress at 200 Eleventh Avenue—has been selected to redevelop Pier15 (between 15th and 16th Streets) on the Hudson River, with LOT-EK as the design architects. The team's proposal for the $210 million redevelopment effort includes plans for a Contemporary Culture Complex, a big rooftop venue for the TriBeCa Film Festival, a covered open-air marketplace built from those architecturally-chic recycled shipping containers and an "underwater discovery center."

ALSO IN NEW YORK CITY INSIDER

© 2024 CityRealty.com, LLC Powered by Leadkit Terms of Use Privacy Policy Site Map

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.

An equal housing opportunity

{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}