Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Standard view
Full view
of .
Look up keyword
Like this
0 of .
Results for:
No results containing your search query
P. 1
Chelsea Market expansion, Wall Street Journal

Chelsea Market expansion, Wall Street Journal

Ratings: (0)|Views: 6|Likes:
Published by andrewclyde
Andrew Strickler
Andrew Strickler

More info:

Published by: andrewclyde on Dec 13, 2012
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less





Chelsea Market Plan Secures Key Approval - Metropolis - WSJhttp://blogs.wsj.com/metropolis/2012/09/05/chelsea-market-plan-secures-key-approval/?KEYWORDS=andrew+strickler[10/24/12 9:33:10 AM]
METROPOLIS HOME PAGE»Alice Proujansky for The Wall Street Journal
Chelsea Market
By Andrew Strickler 
A hotly contested plan tobuild newoffice space above Chelsea Marketisone step closer to reality Wednesdayafter the City Planning Commissionapproved zoning changes allowing it tomove forward.While the unanimous vote was just thelatest hurdle for the contentious project,it still needs the approval of the CityCouncil, which is likely to defer to City Council Speaker Christine Quinn, whorepresents the area. Many of her constituents oppose the plan, and she has so farnot publicly declared a position on the development.In July, Manhattan borough president Scott M. Stringer — Quinn’s likely rival in the2013 mayoral race — said he would recommend that the plan be vetoed unless itwas significantly scaled back.“Jamestown looks forward to continuing discussions with area stakeholders as theplan moves to the next and final phase of the approval process,” said MichaelPhillips, chief operating officer of Jamestown Properties and owners of thedevelopment, in a statement released after the commission vote.A handful of modifications to the plan in recent days include a provision that 30 %of funds pledged by the market’s owner, Jamestown Properties, to a city-administered fund will go toward affordable housing within the area, a highlyunusual requirement for a commercial development.The zoning also requires that a shop-lined throughway between Ninth Avenue andTenth Avenue be preserved.The edge of the office portion of the expansion is to be pushed back 15 feet from10th Avenue to create more space for the High Line, which abuts the marketcomplex. That change will reduce the size of the planned eight-floor officeexpansion about 10 percent, officials said.Many neighborhood activists have opposed the development, arguing that it will
A blog of reporting and news from New York City, Metropolis isproduced by
,with contributionsfrom the Wall Street Journal staff. Send tips and comments to
Metropolis on Facebook
Most Popular
September 5, 2012, 2:15 PM ET
Chelsea Market Plan Secures Key  Approval
About Metropolis
Search Metropolis
News, Quotes, Companies, Videos

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->