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Fordham Plans $1
Billion Lincoln Center Expansion
Fordham University announced plans to add 1.5 million sq.
ft. of space at its Manhattan campus adjacent to Lincoln Center.
Portions of the $1 billion multiyear project, designed by
Cooper Robertson & Partners of New York, would involve
private developers.
The master plan for the seven-acre site between Columbus
and Amsterdam avenues and 60th and 62nd streets would add
seven new buildings around a 1.5-acre courtyard, said Brian
Byrne, vice president for administration at the university.
The plan, in design since 1996, envisions a privately developed
47-story apartment and a 26-story dormitory at 60th Street,
as well as a privately developed 57-story residential building
at 62nd Street. The courtyard would be a green space accessible
to both the student body and the public.
The first five-year $300 million phase includes an academic
component - a new 16-story building for the Fordham University
School of Law, a new five-story campus center, additional
parking, and the expansion of the Quinn Library - currently
underground - to eight stories.
Fordham plans to fund the project partly through the sale
of two land parcels for the residential towers at 60th and
62nd streets on Amsterdam Avenue, which total 14,000 sq. ft.
Under the second phase, the university would replace the
existing law school building with a 21-story dormitory. It
would also add two more buildings, one 35 stories and the
other 36 stories, flanking the new campus entrance on Columbus
Avenue.
The university's Lincoln Center campus, originally built
to accommodate 3,500 students, today has more than 8,000 enrolled.
To compensate, Fordham rents 90,000 sq. ft. of space in Manhattan
off the campus.
North Brooklyn Rezoning Approved
The New York City Planning Commission voted to approve a
rezoning plan for the Greenpoint and Williamsburg neighborhoods
of Brooklyn presented by the administration of Mayor Michael
Bloomberg, bringing a final decision about the zoning for
approximately 175 blocks to the City Council. The council
was expected to vote on the issue this spring.
The plan would rezone the current mixed-use areas to allow
for residential and retail development, but excludes several
blocks with predominantly industrial use. Along the 2-mi.
East River waterfront, currently littered with vacant lots
and abandoned industrial sites, the rezoning calls for building
a 28-acre park between N. 9th Street and Bushwick Inlet, as
well as a continuous public walkway. To address public access
to the riverfront, which has been a contentious issue in the
community, the plan would offer several entrance routes and
side streets, as well as design restrictions to prevent new
towers, some as high as 400 ft., from becoming visual barriers.
In addition, the plan would enable owners of about 100 illegally
converted loft buildings to bring their properties into compliance
with residential codes.
Addressing vociferous opposition from some members of the
community during the formal review process, including a resolution
against the plan on all but one of the rezoning proposals
by Community Board 1, the much-modified plan calls for approximately
2,300 units of affordable housing out of a projected 10,000
new units. It also calls for public oversight and maintenance
of the 49 acres of new open space and waterfront, and a reduction
in the permissible height and bulk of certain structures.
The plan allows a floor area bonus for waterfront developments
that provide affordable housing, in addition to financial
incentive programs under Bloomberg's $3 billion New Housing
Marketplace Plan. Further incentives are available to developers
willing to purchase existing buildings but keep the existing
rent levels for tenants. But opponents of the plan say that
such voluntary incentives do not guarantee an increase in
affordable housing.
Jets Win Stadium Bid
The rapidly moving events surrounding the proposed New York
Sports and Convention Center continued on pace in recent months,
showing both positive signs and potential trouble for the
$2.2 billion stadium.
The proposed future home of the New York Jets got several
boosts, most prominently in the 17-0 vote by the board of
the Metropolitan Transportation Authority to award development
rights for the space over its Far West Side rail yards to
the team. The 75,000-seat stadium later won approval, as expected,
from the Empire State Development Corp.
The project, strongly backed by New York City Mayor Michael
Bloomberg, won the MTA's approval after a contentious bidding
phase spawned by a surprise offer for the site by Madison
Square Garden, whose owners strongly oppose the new stadium
because it could compete with the famous arena. The MTA opened
up a bidding process in which the Jets proffered $210 million
up front, the Garden proffered $400 million up front, and
TransGas Energy Systems bid about $1 billion in a proposal
that would have required the agency to buy energy from the
company. According to the board, the Jets proposal was the
most viable of the three.
That victory quickly prompted two lawsuits. First, Madison
Square Garden filed suit in state court against the MTA, contending
that the agency erred in rejecting the Garden's bid for the
site. Afterwards, a coalition of the NYPIRG Straphangers Campaign,
Common Cause-NY, the Transport Workers Union Local 100, and
the Tri-State Transportation Campaign also sued the MTA in
state court to force it to seek the highest possible bid for
its rail yard site. The Jets, in turn, sued Madison Square
Garden's owner, Cablevision Systems, in federal court, contending
that the company has unfairly tried to stifle competition
for event venues in Manhattan.
Meanwhile, several City Council members have introduced legislation
seeking to limit Bloomberg's ability to spend the city's half
of the $600 million that the city and state have committed
to the project in order to build a platform over the yards
and a retractable roof.
The stadium, scheduled to open in 2009, would host 10 games
per year and an estimated 35 conventions and trade shows.
It would offer an estimated 200,000 sq. ft. of column-free
space, 30,000 sq. ft. of meeting rooms, 12 loading docks,
and a number of restaurants on the site bordered by W. 30th
and W. 33rd streets and 11th and 12th avenues.
The project's biggest hurdle besides the lawsuits is winning
the approval of the Public Authorities Control Board, which
consists of Gov. George Pataki, Assembly Speaker Sheldon Silver,
and Senate Majority Leader Joseph Bruno. Only Pataki had indicated
his support for the project as of mid-spring.
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