City Council member Margaret Chin has introduced a resolution calling for two-way tolling on the Verrazano Bridge. Although the span, which connects Brooklyn and Staten Island, is located outside of Ms. Chin’s district, such a move could have a dramatic impact within Lower Manhattan, which she represents. A recent study, performed by Sam Schwarz Engineering,...
City Council member Margaret Chin is seeking to change to one-way toll policy on the Verrazano Bridge, in a bid to decrease traffic in Lower Manhattan.
1793 – Journalist and French revolutionary Jean-Paul Marat is assassinated in his bathtub by Charlotte Corday, a member of the opposing political faction. 1814 – The Carabinieri, the national gendarmerie of Italy, is established. 1863 – New York City draft riots: In New York City, opponents of conscription begin three days of rioting which will...
Tomorrow (Saturday, July 14), City of Water Day will offer Lower Manhattan residents a dozen-plus ways to get close to, out on, and in the waters that surround Downtown. Organized by the Waterfront Alliance, in partnership with a coalition of community groups and non-profit organizations, City of Water Day will also feature events in all...
In June, the Howard Hughes Corporation, which already owns or leases large tracts of land in the South Street Seaport District, announced that it was buying an additional full block, consisting of a one-acre parking lot — bounded by Pearl, Beekman, and Water Street, as well as Peck Slip — from Milstein Properties. The northern...
The one-acre parking lot in the South Street Seaport neighborhood that developer Howard Hughes recently bought for $180 million, which accommodate a building of up to 290,000 square feet.
*1212 – The most severe of several early fires of London burns most of the city to the ground. *1499 – The Portuguese explorer Nicolau Coelho returns to Lisbon after discovering the sea route to India as a companion of Vasco da Gama. *1553 – Lady Jane Grey takes the throne of England. *1850 –...
At the June 18 meeting of the Housing Subcommittee of Community Board 1(CB1), chairman Tom Goodkind announced that, “there’s another condominium conversion happening in Battery Park City. The Solaire building, which is rent-stabilized, has filed with the Attorney General’s office.” This was a reference to the apartment tower located at 20 River Terrace (near Murray Street),...
The Solaire, built as a rental apartment tower (with 293 units) in 2003, received a State-financed mortgage of $165 million, plus millions more in annual tax abatements, in exchange for affordability protections, primarily in the form of rent stabilization. But now the building's owners have taken the first steps to convert it into a condominium, which may raise questions about ongoing affordability for the building's rental tenants.
