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Tag: air rights

Pier 40/St. John’s Deal — A Win-Win with Lessons to Learn

On December 15, 2016, the City Council approved a zoning change for the St. John’s Terminal site at West and Houston Streets that included a series of neighborhood protections and mitigations that GVSHP demanded. These included an agreement with the City for landmarking the final phase of GVSHP’s proposed South Village Historic District, restrictions on […]

The Air Up There

You can buy bottled water.  You can buy plots of land. And in New York (and some other places), you can buy air rights. But what are “air rights?” An increasingly common component of development across NYC, “air rights” are a type of development right in real estate.  The owner of a building sometimes has the right to use and develop […]

Reminder: Waterfront Town Hall Wed. Nov. 13 – 6:30 PM

We hope you and your neighbors can join us tomorrow evening for an important community meeting about Hudson River Park air rights. The New York State Legislature recently passed a bill allowing the sale of air rights from Hudson River Park piers for development along the waterfront in our neighborhood. Decisions will soon be be […]