Thursday 25 August 2016

JDS's Lower East Side tower will be reviewed by City Planning

City Planning has now decided to review the application after another application for a nearby development was withdrawn

The Department of City Planning has decided to move forward with JDS Development Group’s application for its Lower East Side residential tower. DCP initially refused to review the application, citing lawsuits over the site, but apparently the department had a change of heart. The news, reported by Crain’s, comes on the heels of DCP rejecting a request from Lower East Siders to put the tower through the city’s land use review process.

Developers Gary Spindler and Roy Schoenberg recently withdrew an application for a nearby development, which is what impelled City Planning to review the application.

Spindler and Schoenberg are currently suing nonprofit groups Two Bridges Neighborhood Council and Settlement Housing Fund over an alleged agreement they had with the nonprofits to purchase the site at 235 Cherry Street. In the suit, the developers claim that the nonprofits reneged on the deal so they could capitalize on a more profitable one with JDS. Spindler and Schoenberg are also suing JDS over the same parcel of land.



from
http://ny.curbed.com/2016/8/25/12651326/jds-lower-east-side-tower-247-cherry

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