Richard Lobel on surrounding building heights, transit access, and housing need

The next slide is the area map, which I think tells the story well in terms of why this is an appropriate rezoning.

We propose 18 stories at the site.

You can see 17-story buildings abound both to the east and west of the site, in addition to which there's a 24-story building to the west of the site, additional 17-story buildings to the east of the site, and 16-story buildings to the north and south of the site.

So this is an area where this building typology is well known.

In addition to this, you've got two wide streets servicing the block, both Mermaid Avenue at 80 feet, a wide street, and Surf Avenue at 120 feet, an extra wide street.

We are roughly 0.6 miles from the Stillwell Avenue, Coney Island.

Stop on the train, so there is mass transit available, as well as roughly four bus lines within two-tenths of a mile of the property.

Simply put, this allows us to take area of the site that's currently used for parking and is underutilized at the

that and provide for 100% affordable housing in a district which has vacancy rates of less than 2%

and typically is a rent burden community at rent burden percentages of 33% of the residents in Community Board 13.

The following slides are pictures of the site.

I would ask that we scroll through those to the plans and to the first slide that says proposed development.

And so Mark and Van can discuss the architectural aspects.