Post tagged with

MARGARET CHIN

N.Y.U. Strikes Deal Preserving Affordable Housing at 505 LaGuardia

mitchellMelvin Felix 505 LaGuardia

New York University has reached an agreement with the co-op board at 505 LaGuardia that will prevent dramatic rent hikes at the building. The new agreement extends the current lease in perpetuity, as long as the building remains part of the Mitchell-Lama affordable housing program.

The building’s previous lease was due to expire in 2014 after standing for 50 years. Terms of the new lease became a sticking point in the negotiations surrounding the university’s expansion, even though the building itself would not be affected. Politicians including Borough President Scott Stringer, Congressman Jerrold Nadler, and State Senator Thomas Duane had repeatedly called for the university to come to an agreement with 505 LaGuardia that would avoid rent hikes at the 30-story towers designed by James Freed and I.M. Pei.

Today, N.Y.U. described the agreement, the specific terms of which were not released, as a reflection of the university’s commitment to affordable housing. Read more…


C.B. 2 to Mendez and Chin: City Council Too Soft on N.Y.U. 2031

N.Y.U. 2031 reductionN.Y.U. Red lines indicate the reduction of the boomerang
buildings on the northern block.

At a meeting attended by Rosie Mendez and Margaret Chin last night, members of Community Board 2 spoke out against the scaled-back version of N.Y.U.’s controversial expansion plan that the two City Council members supported earlier this week.

Ms. Chin said she wanted to explain the “compromise” she helped work out, which she said reduced above-ground space associated with N.Y.U. 2031 by an additional 17.4 percent, or 212,000 square feet.

The modified plan would cut the Mercer Street building from 11 stories to four, and shrink the height of towers in the Zipper Building. Over all, according to Ms. Chin’s newsletter for her district, it represents a reduction of 26 percent or 352,000 square feet from the original proposal that was certified in January.

Residents last night were clearly disappointed that the City Council’s land use committee had approved the plan by a vote of 19-1, with the Council’s subcommittee on zoning also voting in favor of it. “I know people aren’t happy,” Ms. Chin said, to sardonic laughter. “It’s a compromise. But I want you to look at what we’ve been able to achieve with density and open space, because the City Council will vote on this issue.” Read more…


Council Committee Approves N.Y.U. 2031, With More Concessions

N.Y.U. 2031 reductionN.Y.U. Red lines indicate the reduction of the boomerang buildings on the northern block.

A City Council committee voted in favor of New York University’s expansion plan on Tuesday following last minute negotiations that yielded several significant reductions of the project.

The land use committee’s 19-1 vote sends the plan, dubbed N.Y.U. 2031, to the full City Council, which will vote on the plans later this month. Councilwoman Margaret Chin, a member of the committee who represents Greenwich Village, took the lead in negotiations with the university and strongly urged other council members to support the modified plan.

“I wholeheartedly believe that this proposal will allow N.Y.U.’s growth in the Village to occur at a sustainable pace, and that it will not overwhelm the wider Village community,” Ms. Chin said. “Over the past few months, I have heard a litany of N.Y.U.’s broken promises from Village residents. It is time to start a new chapter.” Read more…


Ferris Bueller and Other Villagers Take Day Off for Final N.Y.U. 2031 Hearing

broderickSarah Darville Matthew Broderick, in glasses.

The City Council hearing on New York University’s controversial expansion plan got a star cameo today, as Greenwich Village native Matthew Broderick argued that N.Y.U. 2031 would further strip the neighborhood of of its character. He was one of about 250 people who spoke out during the packed nine-hour meeting, with about 60 percent opposing the plan and 40 percent voicing their support.

Six hours before the actor testified, N.Y.U.’s president, John Sexton, started the hearing (which The Local liveblogged earlier today) by vigorously defending the project and the university’s need to expand. “This is not a development project. This is an academic project,” he said, explaining that more space was needed to recruit top-quality faculty and students.

Asked why N.Y.U. couldn’t look to other parts of the city, Mr. Sexton told council member Leroy Comrie that further dissipation of N.Y.U.’s activities across the city would amplify the perception that it doesn’t have a traditional campus “or a big football stadium where we gather,” turning off potential students.

“This is the most enlightened way to do this,” said Mr. Sexton, who also used his presentation to announce that a “huge initiative” for financial aid would be coming soon. Read more…


Squadron and Chin Decry Danger On Delancey

Fuen Bai Ghost Bicycle, Lower East Side, New York City 4

State Senator Daniel Squadron and City Councilwoman Margaret Chin urged the Department of Transportation to improve safety on Delancey Street today in the wake of last week’s deadly accident that killed a 52-year-old cyclist. As the Lo-Down reports, the thoroughfare had a reputation for danger prior to the most recent tragedy. Earlier this month, The Local reported that a significant number of the city’s dangerous intersections are on the Lower East Side — of those, most are on Delancey Street.