June 14, 2019 – Weekly News Roundup

June 14th, 2019
Rezonings Carry Opportunities and Risks for Low-Income Seniors - City Limits

City Fills Second Ave Bike Lane Gap Near Queensboro Bridge - Patch

Architectural artifacts from two demolished 1909 Upper East Side mansions will be for sale - 6SqFt

"The French Renaissance-style mirror-image limestone mansions at 107 and 109 East 79th Street were originally built in 1909 for Edith T. Martin and Alice Martin McCoon. According to Daytonian, the homes were designed by architects Foster, Gade & Graham [...] Plans were filed earlier this year by Legion Investment Group to demolish five low-rise buildings that include the twin townhouses in order to build a 19-story, 36-unit condominium building at the site...."

Renderings For Lenox Hill Hospital’s Show Two Towers On The Upper East Side - YIMBY

"Plans for a Lenox Hill Hospital expansion have been in the works for sometime now, and renderings show a 41-story residential building on part of the hospital’s Upper East Side property. This 490-foot-tall condominium tower will sit on the corner of East 76th Street and Park Avenue and include about 200 units, while a second 30-story tower will be built on the opposite Park Avenue corner at East 77th Street."

Titans of Real Estate in ‘Shock’ Over New York Rent Law Deal -  The New York Times

Rent Regulations in New York: How They’ll Affect Tenants and Landlords - The New York Times

Senate and Assembly reach deal on rent laws. It doesn’t look good for the industry. - The Real Deal

"The agreement between the Assembly and Senate is a mixed bag for both tenants and the real estate industry — the tenant protections measures don’t go as far as had initially been proposed. For tenants, the two-way agreement represents unprecedented movement on rent regulation reform that has been repeatedly blocked by a Republican majority in the Senate."

In Yorkville, Emery Roth-designed church and Colonial Dames mansion get landmark status - 6SqFt

Meridian to Market Shovel-Ready Boutique Development Site in the East 70s - Commercial Observer

"Meridian Capital Group announced today that [it] has been hired to market an outstanding Upper East Side development site at 1299 Third Avenue, located between East 74th and East 75th Streets. The shovel-ready site is being offered with completed plans that contemplate a 31-story, mixed-use tower totaling 143,000 square feet." 
For background, see:

Thor, Premier file plans for Upper East Side resi building - The Real Deal

Third Ave tower too tall, BP says - Our Town

"A few hundred feet west of 249 East 62nd Street — the so-called “condo on stilts” that in recent months has captured the attention of Upper East Side zoning reform advocates for the 150-foot-tall mechanical void in its middle section — a second tower being built on the same block by the same developer has come under scrutiny for questionable zoning practices of its own."

Facing Ruin, Taxi Drivers to Get $10 Million Break and Loan Safeguards - The New York Times

"The City Council legislation is being spearheaded by Mr. Johnson, the speaker, as well as Councilman Ritchie Torres of the Bronx, who leads the Council’s oversight and investigations committee. That committee will hold a joint hearing with the Council’s transportation committee on June 24, officials said."

UES Target Holding Hiring Fairs For Late Summer Opening
 - Patch

"Target's "small format" store on Third Avenue and East 69th Street will employ a team of around 80 employees [...]. The hiring events will take place on June 14 and June 18 at Hunter College on Lexington Avenue and East 68th Street."

Parolee busted for scooter-based robberies - New York Post

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