The kind of air rights deal only possible in New York City will offer benefits for both parties and, hopefully, the public.
"The City Planning Commission on Monday approved Hudson River Park Trust's plan to sell $100 million worth of air rights to developers who want to build a mixed-use project across the street from Pier 40," reports Joe Anuta. The proposal must still obtain approval from the full City Council.
The Hudson River Park Trust will use the proceeds from the sale to fund badly needed maintenance at the pier. The developers, Westbrook Partners and Atlas Capital Group, will use the air rights to increase the size of the project proposal, which now includes 1,500 residential units.
In a statement, the director of the Planning Department, Carl Weisbrod, lauded the deal's benefits to a wide range of stakeholders.
FULL STORY: Key city agency signs off on $100 million Hudson River Park deal
Designs Revealed for Manhattan's First Public Beach
A designer was chosen in January, and conceptual rendering were released in July. Project boosters are also pushing an ambitious timeline that would start construction in late 2020.
Google Planning Massive Expansion in New York City
Google's plan to add 12,000 new workers in the city of New York is the second tech company bonanza for the city this week.
Property Owners Jostle for Deals After Midtown East Rezoning
A flurry of air rights purchases have already begun as large property owners take advantage of Midtown East's upzoning. Some big names include JPMorgan Chase and the Archdiocese of New York.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25% resulting in 1,900 jobs lost.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Waymo Gets Permission to Map SF’s Market Street
If allowed to operate on the traffic-restricted street, Waymo’s autonomous taxis would have a leg up over ride-hailing competitors — and counter the city’s efforts to grow bike and pedestrian on the thoroughfare.
Parklet Symposium Highlights the Success of Shared Spaces
Parklets got a boost during the Covid-19 pandemic, when the concept was translated to outdoor dining programs that offered restaurants a lifeline during the shutdown.
Federal Homelessness Agency Places Entire Staff on Leave
The U.S. Interagency Council on Homelessness is the only federal agency dedicated to preventing and ending homelessness.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
Smith Gee Studio
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service