Applicant Lobel on area context, transit, and site advantages
Lobel presents the area map showing proximity to subway entrances, Murray Playground, and the wide Jackson Avenue. He notes City Planning recognized the opportunity to add housing with no residential displacement on a transit-oriented site.
The next slide is the area map, which has, I think, some great rationale in terms of why we think the rezoning is appropriate.
As was noted, in every agency and board we spoke to, we are nearly adjacent to subway entrances.
It is indeed a transit-rich area, which allows for several subway stops within blocks of the property, in addition to which, of course, Murray Playground exists within a block of the property.
We have a 48-story building, again, in front of the property.
And the intersection of 46th Avenue and Jackson Avenue here, a wide street, allows for somewhat of a wider expanse in front of this building.
So all these things taken together allow for a nice amount of space in front of the building, a street system, and a transportation system, which lend themselves to a rezoning of this nature, in addition to which, as was noted by City-Council,
planning, the opportunity to add housing on a site where you would result in no residential displacement and really allow for people to take advantage of transit and such in the area was a rare opportunity.
The next slide is an eagle-eye view of the area.
One notes the tall buildings in the immediate area, again, ranging from 11 to 48 stories.
This is no secret to anyone who's familiar with the area.
And the next several slides show pictures of the site as well as the surrounding area.
We note the existing TD Bank underbuilt for the site and parking immediately adjacent, really not serving much in terms of community needs.
I would pass the microphone over to Nick Labaris, who can discuss the illustrated plans and materials, and then we're happy to answer questions.