The New York Times published a wistful article about the residential build-up along the waterfront, and how it’s replacing industry. In other words, gentrification NYC-style.
Of greatest relevance to us here in LIC, were the details that were revealed about the “Waters Edge” project and the extent of the zoning variance that the de Blasio administration is looking to grant to developers. Summing it up:
“In place of a parking lot, a pier and Transportation Department facility, developers could build two to three towers between 350 and 500 feet tall. If bidders include additional commercial and manufacturing space, they could add an extra 150 feet to the new buildings.”
Thus the tallest of these towers could be 650 feet tall, or roughly 60 stories – more than 50% higher than the tallest building currently on Center Boulevard. That would Continue reading