Last year, residential development in the South Bronx was booming. This year, builders are looking at their future tax bills – without the 421-a tax break – and realizing that it’s safer and cheaper to build hotels than apartments.
The Landmarks Preservation Commission’s backlog, which had been reduced from 95 items to 30 items in February, has taken another big step towards being cleared. On Tuesday, the LPC designated eight new city individual landmarks, and they span all five boroughs.
As we have reported, the Landmarks Preservation Commission is in the process of dealing with the backlog of 95 items that have been on its calendar since before 2010, some for decades. That process took a big step forward Tuesday, with 30 sites remaining on the calendar as priorities for designation vote by the end of 2016. Five sites were removed from the calendar for lack of merit.
The city’s top housing officials spent Wednesday trading barbs with the City Council, defending sweeping changes to the zoning code that would allow taller buildings and smaller parking lots for affordable and senior housing projects.
In November, a plan for a commercial revitalization of the south side of a block of Gansevoort Street, in the Meatpacking District, went before the Landmarks Preservation Commission. In a rare, but hardly unheard of occurrence, the hearing was paused before the commissioners could discuss the proposal. With the continuation of that session likely to come soon, YIMBY sat down with the architects behind it to talk about its place in the history of the area.