Sunday, September 28, 2014

Developer in battle over landmarked buildings



A developer claims it is being forced to keep two landmarked but “architecturally insignificant” Upper East Side apartment buildings because of “anti-developer political animus,” according to a lawsuit.


For years, The Stahl Organization has sought to tear down the two buildings at 429 East 64th St. and 430 East 65th St., which it claims are hopelessly out of date and “simply unfit for modern living.”


Stahl bought the century-old buildings in 1977.


In 1990, the city’s Landmarks Preservation Commission decided to landmark similar buildings nearby, but declined to extend the special status to the two on 64th and 65th.


But in 2006, when the developer sought to tear down the structures and replace them with a “modern, mixed-income condominium tower” it says would be worth $ 200 million, the LPC changed course and landmarked the buildings anyway.


Stahl is now suing the city and the LPC in state and federal courts in Manhattan to overturn the landmark status.





Yahoo Local News – New York Post




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