Chair Louis describes 629 West 54th Street site and Hudson River Park floor area transfer
Chair Louis explains the second site at 629 West 54th Street with approximately 617 apartments, 162 affordable, and the proposed transfer of floor area from Hudson River Park piers in exchange for $229.7 million to the Hudson River Park Trust.
The second site is located at 629 West 54th Street along 12th Avenue.
And the applicant is seeking to develop another mixed-use residential building that will have approximately 617 apartments, of which approximately 162 will be permanently affordable.
The proposed developments would seek a transfer of floor area
from the commercial park piers in Hudson River Park.
in exchange for approximately $229.7 million payment
to Hudson River Park Trust that would support improvements in capital maintenance in the park.
Both sites require the same set of app
of actions.