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Old Posted Aug 11, 2014, 7:33 PM
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Join Date: Jul 2013
Location: New Jersey - Somerset County
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Harlem residents concerned about East River Plaza tower


Quote:
East Harlem residents are sounding off in meetings with Blumenfeld Development Group and Forest City Ratner Companies convened to discuss plans to build residential towers above the East River Plaza mall.

The proposed project would add 1,000 residential units above the shopping complex situated between East 116th and 119th streets along the FDR. The developers announced the project last month.

Some residents voiced concern over the loss of a quiet cobblestone street ending in a cul-de-sac on East 118th Street, DNAinfo reported. They also worry that parking would be lost, increased traffic would make streets unsafe for pedestrians and too little affordable housing would be built, according to the website.

Blumenfeld and Forest City Ratner currently plan to make 25 percent of apartments affordable, slightly above the typical 80-20 percent split, the website noted. Melissa R. Burch, an executive vice president at Forest City Ratner, pointed out that the developers also intend to turn the cul-de-sac into a community plaza with space set aside for small businesses
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http://therealdeal.com/blog/2014/08/....oCIdmSbh.dpuf
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