It Takes a Village
There has been a big debate in (local) government about how best to respond to Hurricane Sandy going forward. There is the governor’s camp, which argues for redesigning great swaths of the city and state’s built environment; and the mayor’s camp, which both before the storm and after, argued that the city could never really protect itself from these kinds of disasters, so it was up to citizenry to protect themselves. The city would help with evacuations and the like, but really, don’t build near the sea or count of some fancy new sea gates to protect you, the mayor insisted.
During the recovery, The Observer would ask major officials into which camp they fell. Both Senator Charles Schumer and Congressman Jerry Nadler (who represents much of the formerly flooded downtown Manhattan) put themselves in the camp of doing more, building more, protecting more.
“For the future, we have to look into it,” Senator Schumer said.
One of the lingering concerns over the NYU rezoning of its two superblocks—besides whether it not it was The Final Nail in the Village’s coffin—was the fate of 505 LaGuardia Place, one of the three 30-story concrete sentinels that makes up the I.M. Pei-designed Silver Towers.
The other two are faculty apartments, but this one is Mitchell Llama public housing, and the lease with NYU was set to expire in 2014, at which point rents could jump to market rates, possibly driving out long-time residents, many of them elderly. According to local Councilwoman Margaret Chin’s office, NYU has agreed to provide 505 LaGuardia with the old lease agreement in perpetuity. The pols who fought for this agreement, along with the tenants benefiting from it, are naturally ecstatic, as made clear in their quotes below.
The Real Estate originally reported on Wednesday about the Donald’s premature sales moves regarding his planned condo-hotel in Soho. Seems Trump posted a questionnaire on the condo-hotel’s Web site asking potential buyers if they would use the project as a “primary residence,” “secondary residence,” or “investment property.”
According to an email sent on Wednesday Read More