To ensure that the neighborhood receives adequate public resources
Several large-scale projects have been announced in the Two Bridges area of the Lower East Side, over the last few months, and now, community members and local elected officials are looking to bring that development in check.
City Councilwoman Margaret Chin is planning to request a "major modification" to the existing Two Bridges Large-Scale Development Plan, the Lo-Down reports. This in turn will lead to a Uniform Land Use Review Procedure (ULURP), which Chin hopes will cover all the major projects either taking place or set to transform the neighborhood, and examine their impact on the community.
The known projects for the neighborhood include Extell’s One Manhattan Square, which is currently under construction, a 77-story tower planned by JDS, two 50-story towers planned by L+M Development Partners and the CIM Group, and conversions of existing buildings as well.
All these projects can move forward as of right, but with a ULURP of the whole area, Chin hopes the neighborhood can secure more resources for the future including schools and access to public transportation.
Prior to this proposal, community activists had submitted a plan to create height restrictions in the neighborhood, and to ensure that 50 percent of new developments would be affordable — that proposal was seen as being too broad by the local community board. Others in the neighborhood have argued that these new towers will also bring hundreds of affordable units to the neighborhood.