High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Uptown/Bronx  + Apartments  | 

Borough President Brewer Nixes Lenox Terrace Rezoning

Ahead of Wednesday’s vote on the matter by the City Planning Commission, Manhattan Borough President Gale Brewer gave a thumbs-down to the rezoning proposed by the Olnick Organization for its Lenox Terrace complex in Harlem.

Brewer rejected the proposal, which sought to add five 28-story mixed-use buildings to the complex, because it came without adequate public and private investments.

“There are few instances where a development the scale of the one proposed by Lenox Terrace Development Associates can be viewed as responsible,” said Brewer.

“This proposal promises to change the physical and socioeconomic character of Central Harlem while ignoring the concerns of stakeholders and urban planners in the community, and as a result I must urge that the proposal as written be rejected.”

Olnick developed Lenox Terrace in 1958. The rezoning would add 1,600 apartments to the complex, including 1,200 at market rate.

Photo courtesy of the Olnick Organization.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Borough President BrewerConnect With Olnick Organization

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
New call-to-action
New call-to-action