Reshaping the West 70s
THE REAL DEAL [1/2007]
"Although the area around West 72nd Street and Broadway on the Upper West Side is one of the city's most coveted address zones, developers have always faced a tough time there.
Small lots, a large historic district, longstanding contextual zoning and activist residents who routinely oppose new development make the area a minefield for builders.
While residential development perked up throughout some unlikely city neighborhoods over the last couple of years, new projects seem to be just finding their way to the heart of the Upper West Side.
New projects in the low 70s include a 16-story tower and a 19-story building, raising the area skyline and giving Extell development's Ariel Towers at 100th Street some company.
The developments promise to reshape the streetscape around Verdi Square, the triangular park at the 72nd Street subway stop and the expansive intersection of Broadway and Amsterdam Avenue at 72nd Street."
"Although the area around West 72nd Street and Broadway on the Upper West Side is one of the city's most coveted address zones, developers have always faced a tough time there.
Small lots, a large historic district, longstanding contextual zoning and activist residents who routinely oppose new development make the area a minefield for builders.
While residential development perked up throughout some unlikely city neighborhoods over the last couple of years, new projects seem to be just finding their way to the heart of the Upper West Side.
New projects in the low 70s include a 16-story tower and a 19-story building, raising the area skyline and giving Extell development's Ariel Towers at 100th Street some company.
The developments promise to reshape the streetscape around Verdi Square, the triangular park at the 72nd Street subway stop and the expansive intersection of Broadway and Amsterdam Avenue at 72nd Street."
posted by rjgny2004 at 4:23 PM
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