EXTELL FILES PLANS TO BUILD NEW CONDO BUILDING IN LINCOLN SQUARE
Extell Development and Megalith Capital Management have filed plans to build a 25-story condo building at 36 West 66th street, near Central Park West.
The proposed development has been making preservationists anxious since developers started assembling parcels on the block. Landmarks West warned locals that the block would become a “Billionaire’s Row.” But, unless there’s another shoe to drop, 25 stories sounds…dare we say it!?…unremarkably tall.
The building will also house Congregation Habonim on the first and second floors, and room for retail, the Real Deal reports.
“The residential portion of the tower will house 160 condo units. A synagogue will be located on the first and second floors. The building’s amenities will include a pool and spa, and there will be 6,000 square feet of ground-floor retail.”
This project has been in the works for a long time already — not new. Real estate is the new religion from local UWS synagogues to Calvin Butts’ Abyssinian Baptist Church in Harlem. God is a realtor.
Yeah this site has already been demoed. People in the building next door who had a nice view to the west are about to find out what ‘lot line windows’ are.
Well I thought it would be more like 50 stories but 25 will fit in just nice. I do not see how it will command high prices on such a busy, noisy and dirty cross town street. Even on the 25 floor the honking of taxi cabs will be ushering the condo owners to sleep. New Lincoln center bow tie will make this cross town street more congested.
Actually W. 66th Street in the CPW block is a pretty quiet street. I used to live at 10 W.66th and with ABC as the primary neighbor across the street on the north side there are virtually no full time tenants on that side. There is only one other apartment building next door and it’s a small building (as condos go) with only 2 units on each floor. There is crosstown traffic but it’s really not that bad.
I was at the meeting regarding this development and was reminded that they are building “as of right.” As of Right gives permission to develop a project within the guidelines of the footprint, the area, of the parcel. In addition a developer can purchase air rights from nearby structures which enables them to build higher.
What councilwoman Rosenthal stated was an option she’s considering will allow the structure to go wider.
There’s more but for now what I’m writing is about asking why neighborhood residents can’t have the same “as of rights’ then the developers have. I think we need a residents/owners as of right. Do you think that that’s a matter you’d consider supporting?
Yes David Z! I certainly would!!