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  #1  
Old Posted Jul 8, 2014, 4:49 PM
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Smile NEW YORK | East River Plaza (3 towers)| 575-515-455 FT | 47-41-32 FLOORS

http://www.dnainfo.com/new-york/2014...st-river-plaza

1,000 Apartments Could Be Built on Top of East River Plaza





By Jeff Mays
July 8, 2014


Quote:

The developers of the East River Plaza mall are planning to add a residential tower with as many as 1,000 units atop the existing structure — and want to get some feedback from East Harlem residents at a meeting Wednesday night.

"Residential has always been contemplated. The infrastructure is there, the property has water views, is next to the FDR Drive and would be an iconic property," said David Blumenfeld, a principal of Blumenfeld Development Group, Ltd. which owns the mall at 116th Street and the FDR Drive along with Forest City Ratner Companies, one of the city's largest developers.

"That's why we want this open community meeting to get a feeling about what people would like to see," Blumenfeld said of the meeting, scheduled for 6 p.m. July 9 at Hunter College School of Socialwork. "We are going to present some ideas in regards to residential and get some feedback from the public."

The five story, 500,000 square foot complex, which opened in 2009, currently houses stores such as Costco, Target, Burlington Coat Factory and discount grocer Aldi, which opened its first Manhattan location at the mall in 2013.

In March, the mall reached full capacity after Planet Fitness signed a long term lease for 14,500 square feet and Mt. Sinai Hospital signed a 15-year lease to open a 14,500 square foot dialysis center.

The underlying zoning of the property is already designated for residential use and would only require a modification of the special permit used to build the retail center Blumenfeld said.

Blumenfeld added that a final decision on size or height has yet to be determined. But he said affordability will definitely be a part of any residential project at East River Plaza and that the company was looking to do a higher rate of affordable housing than the standard 80 percent market rate and 20 percent affordable split.


"That's one of the conversations we are having," Blumenfeld said.

Elsewhere, East Harlem is booming with new, tall residential towers.

Ian B. Eichner's Continuum Company is planning two 32-story residential towers at Park Avenue and 125th Street. The $415 million, 600,000-square-foot development will have 650 units.

Community Board 11 originally balked at Continuum's proposal when the developer said only 65 to 70 of the units would be affordable before an agreement on community hiring goals was reached.

Extell Development recently purchased the Pathmark at Lexington Avenue and 125th Street for $39 million and is expected to build a residential building.

Mayor Bill de Blasio has said his administration is willing to let developers build higher in exchange for increased affordable units. The mayor has set a goal of building and preserving 200,000 units of affordable housing over the next decade.

Community Board 11 member and housing advocate Alvin Johnson said he does not have a problem with building higher at East River Plaza as along as the project has a good amount of affordable housing.

"There's only one way to expand on the island of Manhattan and that's up," said Johnson. "All that I'm worried about is that we recapture the affordable housing that was lost in the last 10 years."


Holley Drakeford, sales manager at Giscombe Realty Group and a member of Community Board 11, said East Harlem is quickly becoming an attractive location for rental residential properties.

"You are going to see a lot of residential being built and it will really blow up when the Second Avenue Subway arrives," Drakeford said. "These developments will draw people from Midtown and a lot of young people that live on Long Island are dying to move to the city. Not many people can afford to live downtown anymore."
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  #2  
Old Posted Jul 8, 2014, 5:14 PM
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I keep saying this is only the beginning of a massive development boom that is coming. Its just getting started. 100,000 new residents per year I predict.
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  #3  
Old Posted Jul 8, 2014, 5:37 PM
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Never figured on this site getting apartments, but it's big enough. And the push for housing has to go somewhere. There's that planned apartment tower at that mall in Rego Park...



http://archpaper.com/news/articles.asp?id=3641
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Old Posted Aug 2, 2014, 10:53 PM
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NEW YORK | East River Plaza | 575 FT | 47 FLOORS | 515 FT | 41 FLOORS | 455ft | 32 FLOORS




Quote:
Blumenfeld Development Group and Forest City Ratner unveiled the three towers they plan to build on top of the East River Plaza mall to the public at a meeting last month. But they wanted to hold off on unveiling them to the internet, going so far as to tell the journalists in attendance that they could not take pictures of the slideshow. That ended up not working out so well, as filmmaker Andrew Padilla (El Barrio Tours) somehow got his hands on one of the slides and tweeted it yesterday.
=======================================
August 1, 2014
http://ny.curbed.com/archives/2014/0...iver_plaza.php
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  #5  
Old Posted Aug 2, 2014, 10:55 PM
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Quote:
"You are going to see a lot of residential being built and it will really blow up when the Second Avenue Subway arrives,"
Phase 2 would arrive by 2029 at the rate things construction/studies are going.
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  #6  
Old Posted Aug 3, 2014, 3:00 PM
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Moar density! We need the housing!!
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  #7  
Old Posted Aug 3, 2014, 3:29 PM
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Im assuming that this development would also include a complete design makeover for the East River Plaza?
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  #8  
Old Posted Aug 5, 2014, 6:15 AM
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Quote:
But they wanted to hold off on unveiling them to the internet, going so far as to tell the journalists in attendance that they could not take pictures of the slideshow.
Yeah, they would have been better off releasing more renders for us internet trolls themselves. But no, they basically issue a dare. Still, at least something's afoot...
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Old Posted Aug 11, 2014, 7:33 PM
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NIMBY Watch
==========

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
============================
http://therealdeal.com/blog/2014/08/....oCIdmSbh.dpuf
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  #10  
Old Posted Aug 11, 2014, 10:22 PM
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Build it. They'll get used it anyway
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  #11  
Old Posted Aug 22, 2014, 1:22 PM
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http://www.nydailynews.com/new-york/...icle-1.1909820

Gonzalez: East Harlem luxury tower plan is becoming Bill de Blasio's affordable housing test
In East Harlem, many are aghast at the sheer size of the towers, which they say will overwhelm a neighborhood made up largely of brownstones, walkup apartment buildings and narrow side streets.










August 20, 2014


Quote:
A plan to build three luxury residential skyscrapers in East Harlem is turning into a pivotal test of Mayor de Blasio’s promise to tackle the affordable housing crisis in New York.

The proposed towers would be the tallest in Manhattan above 96th St. They are slated to rise 50 stories over the East River Mall, a big-box retail center along the FDR Drive north of E. 117th St. The mall and an adjacent 1,200 car parking garage were opened in 2009 by Tiago Holdings LLC, with $65 million in state and city tax-exempt bonds.

But East Harlem leaders say they were blindsided when Tiago, a partnership of Forest City Ratner and Blumenfeld Development, quietly applied to the city Planning Commission in April to build the new apartment towers.

With up to 1,200 proposed units — 75% of them at market rate — the towers will radically speed up the gentrification of East Harlem, says Matthew Washington, chairman of Community Board 11.

“Building above the existing retail gives us a creative way to build a new development where normally such an opportunity would not exist,” said Ashley Cotton, a spokeswoman for the project.

.....Leaders of the coalition, many of whom backed de Blasio for mayor, want City Hall to mandate a 50-50 split between luxury and affordable units for all new housing projects that want public subsidies.

In East Harlem, many are aghast at the sheer size of the towers, which they say will overwhelm a neighborhood made up largely of brownstones, walkup apartment buildings and narrow side streets.

“We fought to maintain our cobblestone street and the quiet cul-de-sac we have on E. 118th St.,” said Robert Anazagasti, who has owned a brownstone on the block for the past 20 years.

“The mall developers never talked about residential towers on top of the mall,” Anazagasti said. “Now they’ve pulled a fast one and want to make 118th the entrance plaza to their towers.”

But Joe DePlasco, a spokesman for Forest City Ratner, says they are listening to concerns.

“We believe buildings of this size, properly and nicely designed, will allow us to bring a significant number of affordable homes to the community and in a way that is architecturally interesting,” DePlasco said.

One person yet to be convinced is City Council Speaker Melissa Mark-Viverito, who represents East Harlem and will play a decisive role in any Council vote on the project.

“This is a big deal in the scale and scope and the lack of affordable units,” Mark-Viverito said. “My staff is going to pay close attention to it. I told the developer, they have to get buy-in from the community, and so far the reaction from the community has not been positive.”
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