New Developments in the News
JULY 13, 2009
St. Vincent's gets a green light, Ground Zero developer gets impatient, and the new Javits Center gets glass and green.
St.Vincent's Hospital's Greenwich Village expansion plan was finally approved yesterday by the Landmarks Preservation Commission after the height of its largest residential building was reduced to 203 feet. After negotiating for more than a year and a half, the hospital agreed to retain several existing buildings–though not the O'Toole Building–as part of the new complex. The project will still need approval from the City Planning Commission and the City Council.
Still no progress in the financial stalemate that's holding up the works at Ground Zero, but developer Larry Silverstein has sought permission to resolve the dispute with the Port Authority of New York and New Jersey through arbitration if they can't reach an agreement soon. Mr. Silverstein has alleged that the delays over the past seven years have prevented him from being able to finance the three office towers he sought to develop when the economic climate was more favorable.
The planned $463 million renovation of the Jacob K. Javits Convention Center, designed by The New York architecture firm of FXFowle and the Chicago firm of Epstein, will add a 100,000-square-foot "swing space," repair leaky ceilings, replace dark windows with clear ones and cover much of its expansive roof space with green.
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