On the Market: Should Affordable Housing Be Built on Public Parkland?



Love triangle: Tishman-Speyer and the Related Cos. are both courting Deutsche Bank to be anchor tenants at their respective Hudson Yards developments, according to Crain’s. Deutsche Bank already has several offices in the city, but rumor has it the bank is considering leaving its large spread at 60 Wall Street. So far, no financial firms have signed on as tenants in the nascent neighborhood, but Citigroup is allegedly also looking.

Oh, dear: a new Superfund site has been designated in Queens, The New York Times reports via the AP. An industrial section of Ridgewood was found by the EPA to have elevated levels of radioactivity. Will this stop hipsters from moving there? Or are we going to end up with mutant hipsters?!

The Lenox Hill townhouse that played the role of Holly Golightly’s home in Breakfast at Tiffany’s has returned to the marketing asking $10 million, just a few years after selling for a smidge below $6 million, with no apparent renovation having taken place, Curbed reports. Like its fictional resident, it seems to be a social climber, but at least Holly had the good sense to give herself an extensive makeover.

The Wall Street Journal explores the oft-thorny issues that arise when you build condos on parkland. In Brooklyn Bridge Park, a battle is brewing over affordable housing that pits those in favor of the park’s being a mixed-income community against some parks advocates who say housing should not be built in a public park that does not contribute to the financial support of the park.

Mayor de Blasio says he wants streamline the city approvals process for new developments. Crain’s says they’ll believe it when they see it. Every mayor has promised the same thing, but the problem isn’t actually ULURP, which is predictable—it’s the lengthy process to gain city planning certification that precedes it.

He might start by appointing a DOB commissioner, which has been without a leader at its helm since Robert LiMandri left in December. The Wall Street Journal reports that Mr. LiMandri is joining architecture and design firm Vidaris as a senior principal.