Greater East Midtown Proposal City Council Public Hearing June - - PowerPoint PPT Presentation

City Council Public Hearing June 20, 2017

Greater East Midtown Proposal

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Greater East Midtown Proposal

More than 60 million square feet

• f offjce space.

Approximately 250,000 workers. Home to some of the city’s most

iconic offjce buildings, landmarks, and civic spaces.

Regional transit hub.

I nvestment in signifjcant transit infrastructure including East Side Access and Second Avenue subway. Long-term Challenges

• Outdated building stock
• Limited new development
• Current zoning
• Pedestrian + transit network

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39th 42nd 47th 53rd 57th Fifuh Madison Park Lexington Third Second

long queues narrow sidewalks

• utdated fmoorplates

Pre-1961 Building Rezoning Boundary

A Premier Business District with Long-term Challenges

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Greater East Midtown Proposal

2013 | East Midtown rezoning proposal

City withdrew proposal prior to a vote by City

Council in order to address comments. 2015 | Vanderbilt Corridor rezoning approved

Permits developments to achieve higher densities in

exchange for making transit improvements and/or via development rights from nearby landmarks. 2015 | East Midtown Steering Committee Consensus-driven, stakeholder process that laid the foundation for the current Greater East Midtown

rezoning proposal.

Top | View south, rendering of Midtown skyline with One Vanderbilt. Bottom | View west, rendering of One Vanderbilt building and plaza.

Images | Kohn Pedersen Fox Associates

Recent City I nitiatives

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Greater East Midtown Proposal

39th St

42nd St

47th St

53rdSt

57th St

Fifuh Madison

Vanderbilt Ave

Park Lexington Third Second

Previously Designated Recently Designated

Minnie E. Young

Residence Pershing Square Building Yale Club Hampton Shops Building 18 East 41st Street Martin Erdmann Residence Graybar Building 601 Lexington Avenue and St. Peter’s Church

Hotel Lexington

Beverly Hotel Shelton Hotel 400 Madison

I ndividual Landmarks + Historic Districts

Zoning Proposal

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Greater East Midtown Proposal

39th St

42nd St

47th St

53rdSt

57th St

Fifuh Madison

Vanderbilt Ave

Park Lexington Third Second

Subdistrict boundary is informed by current land use and built fabric. Predominately commercial areas included. Mixed residential-commercial areas not included. Residential districts east of Third Ave not included. Vanderbilt Corridor remains separate.

One + Two Family Residence Multi-Family Residence (walkup) Multi-Family Residence (elevator) Mixed Residential + Commercial

Commercial

Industrial Transportation + Utility Public Facilities + Institutions Open Space Parking

Vacant

Subdistrict Boundary Vanderbilt Corridor

Proposed Boundary

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Greater East Midtown Proposal

Text amendment | Establish the East Midtown Subdistrict within the Special Midtown District (MiD), which will supplant the Grand Central Subdistrict. Map amendment | Rezone Block 1316.

R8 R8B R10 C5- 2.5 (12) C6-6 C6-4.5 M1-6 C5- 2.5 (12) R8B C6-6 (15) R10 C6- 4.5 (12) C6-4.5 C5- 2.5 (12) R8B C5- 2.5 (12) C5- 2.5 (12) C5- 2.5 (12) C5- 2.5 (12) C5- 2.5 (12) R8B R10 (10) C5-2.5 C6-4 (10) R8B C6-6 (15) C5-2.5 C1-9 C5-P PARK PARK PARK PARK R10 R10 C5-2 C5-2 (10) C1-9 C5-3 (15) C5-3 (15)

TA TA TA U U MiD MiD

39th St

40th St

42nd St

43rd St 44th St 45th St 46th St

47th St

48th St 49th St 50th St 52nd St 51st St

53rdSt

54th St 55th St 56th St

57th St

39th St 40th St 41st St 44th St 45th St 46th St 47th St 48th St 49th St 50th St 52nd St 51st St 53rdSt 54th St 55th St 56th St 57th St

Fifuh Madison

Vanderbilt Ave

P Le Thir Sec

Fifuh Ave Madison Ave Park Ave Lexington Ave Third Ave Second Ave

Proposed text amendment Zoning District Special District Special Midtown District Proposed map amendment

Proposed Text + Map Amendment

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Greater East Midtown Proposal

I ncreased density based on locational criteria

Near Grand Central Terminal Near transit hubs along East 51st

and East 53rd streets

Along Park Avenue Along wide streets

Site eligibility criteria in order to use proposed framework

• Cleared frontage, a landmarked building, or a

transit easement required along a wide street

• Commercial fmoor area minimum of 80% of zoning

lot

• Building must meet or exceed environmental

standards Proposed Density Map

21.6 23 18 18 18 23

21.6 21.6

23

21.6

27 21.6 25 18 18 18 18 23 23

39th St

42nd St

47th St

53rdSt

57th St

Fifuh Madison

Vanderbilt Ave

Park Lexington Third Second

Text Amendment Density Framework + Qualifying Site Criteria

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Greater East Midtown Proposal

rebuild overbuilt fmoor area transfer of landmark development rights

Image | Kohn Pedersen Fox Associates

pre-identifjed transit improvements Qualifying sites can achieve maximum as-of-right FAR via three mechanisms:

As-of-Right Mechanisms

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Greater East Midtown Proposal

Required improvements | Within a Transit Improvement Zone, between 10% and 20% of a development’s earned fmoor area must be generated through the completion of pre-identifjed transit improvements.

Transit Improvement Zone

15.0 10.0 5.0 0.0 20.0 25.0 30.0

FAR

Example Base FAR

Landmark Development Rights

Transit Improvements

2.3

(10% )

4.6

(20% )

23.0

23 23 27 23 23

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39th 42nd 47th 53rd 57th Fifuh Madison Park Le Thir Sec

As-of-Right Transit I mprovement Mechanism

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Greater East Midtown Proposal

Saint Patrick’s Cathedral

15.0 10.0 5.0 0.0 20.0 25.0 30.0

FAR

Example Base FAR

Landmark Development Rights

21.6

Would permit district-wide transfer of landmark development rights. Continuing maintenance plan for the landmark will be required. Each transfer requires a contribution into the Public Realm I mprovement Fund equaling 20% of TDR sale or a minimum contribution of $78.60 per square foot.

As-of-Right Landmark Transfer Mechanism

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Greater East Midtown Proposal

570 Madison Avenue

15.0 10.0 5.0 0.0 20.0 25.0 30.0

FAR

Outside TI Z Base FAR

Landmark Development Rights Overbuilt Floor Area

Base FAR

Landmark Development Rights

Transit Improvements

Overbuilt Floor Area

I nside TI Z 21.6 27.0

Would permit pre-1961 buildings with non-complying fmoor area to demolish and re-build to their overbuilt density.

Non-complying fmoor area that is rebuilt would require a

contribution into the Public Realm I mprovement Fund of $78.60 per square foot. Qualifying sites could utilize the transit improvement and landmark transfer mechanisms to achieve maximum permitted FAR.

As-of-Right Overbuilt Floor Area Mechanism

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Greater East Midtown Proposal

Provisions Applicable on Qualifying Sites

• Environmental standards
• Height and setback
• Sidewalk widening
• Retail continuity
• Stacking rules

Special Permits for Additional Floor Area

• Transit improvement special permit
• Public concourse special permit

Discretionary Actions to Modify Qualifying Site Criteria

• Authorization to allow enlargements on

qualifying sites

• Special permit to modify qualifying site

provisions Additional Modifjcations Affecting the Subdistrict

• Hotel use

Additional Subdistrict Regulations

Public Realm I mprovements

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Greater East Midtown Proposal

Initial public realm improvement concept plan

consists of pedestrian realm projects and transit improvements identifjed by DOT and MTA. Projects in the concept plan can be modifjed over time to adapt to changing situations and capitalize

• n future opportunities.

Principles and project types are incorporated into

the Zoning Resolution.

Public Realm I mprovement Concept Plan

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Greater East Midtown Proposal

Pre-identifjed transit improvements

• Improvements categorized according to project

scope and public benefjt.

• Projects completed in conjunction with

development that occurs in transit improvement

zones.

Floor area + project types

• Type 1 | 40K sf - new station entrance, ADA

access to one level, small scale widening of stair

• Type 2 | 80K sf - new escalators, ADA access to

multiple levels, numerous widened stairways

• Type 3 | 120K sf - signifjcant station overhauls

and signifjcant improvements to station capacity

Image | Kohn Pedersen Fox Associates

Proposed improvements to Lexington line at Grand Central Terminal via One Vanderbilt project

Transit I mprovements

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Greater East Midtown Proposal

thoroughfares shared streets pedestrian plazas

Rendering of interim strategy to pilot a shared street treatment Rendering of proposed plaza at Pershing Square East Bus bulbout at Seventh Avenue and West 34th Street

Pedestrian Realm Toolkit

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Greater East Midtown Proposal

The Fund:

• Generated through a portion of the landmark

development rights sales and the redevelopment

• f overbuilt fmoor area.
• Supports capital improvements identifjed by DOT

and MTA.

• Maintained independent of the City’s General

Fund. Governing Group:

• The Fund will be managed by an 11-member

governing group.

• Charged with prioritizing improvements to be

funded and modifying improvement list based on the area’s needs.

I mages | Renderings of pedestrian plaza at Park Avenue and 40th Street in daytime and nighttime condition.

Public Realm I mprovement Fund + Governance

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Greater East Midtown Proposal

Function Assures an appropriate minimum level of investment in the public realm, which is mutually benefjcial to the public, property owners, and landmarks. Minimum contribution amount methodology Based on the results of a market study, the TDR value of the lowest quartile of the 10 most recent land sales in Midtown East and Midtown West was used to determine the minimum contribution amount of $78.60 per square foot.

125 Park Avenue, New York, NY 10017 T 212.372.2000 F 212.372.2424 A division of Newmark Grubb Knight Frank

EAST MIDTOWN LANDMARK TDR CONTRIBUTION RATE MARKET STUDY FOR: New York City Economic Development Corporation 110 William Street New York, NY 10038 BY: Landauer Valuation & Advisory A division of Newmark Grubb Knight Frank 125 Park Avenue New York, New York 10017

Landauer East Midtown Market Study Final Report cover

Minimum Contribution Function + Methodology

Concept Plan: Transit Network

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Greater East Midtown Proposal

Prioritize stations with highest volume of customers

to/from East Midtown Address stations’ customer congestion points by

• Increasing capacity with new or wider stairs/

escalators

• Providing new path of travel with a new

entrance or stair

Provide ADA accessibility where does not exist Placemaking to improve circulation, wayfjnding and the customer environment

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39th St

42nd St

47th St

53rdSt

57th St

Fifuh Madison

Vanderbilt Ave

Park Lexington Third Second

Guiding Principles

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Greater East Midtown Proposal

MTA identifjed six stations with signifjcant East Midtown ridership.

• Grand Central
• Fifth Avenue-53rd Street
• Lexington Avenue-51st/53rd Streets
• 42nd Street Bryant Park-Fifth Avenue
• 47th-50th Streets-Rockefeller Center
• Lexington Avenue-59th Street

Transit Improvement Zone

23 23 27 23 23

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39th St

42nd St

47th St

53rdSt

57th St

Fifuh Madison

Vanderbilt Ave

Park Lexington Third Second

Grand Central Terminal 47th-50th Sts- Rockefeller Ctr Statjon Lexington Ave- 51st/53rd Sts Statjon Fifuh Ave- 53rd St Statjon 42nd St Bryant Park- Fifuh Ave Statjon Lexington Ave- 59th St Statjon

Eligible Station

Station Eligibility

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Greater East Midtown Proposal

• Entrances | four new entrances
• Stairways | six new and twelve widened stairs
• Escalators | one widened and two new escalators
• Elevators | nine new elevators
• Completed renovation of Lexington mezzanine

Pre-Identifjed Transit Improvements

Concept Plan: Pedestrian Realm

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Greater East Midtown Proposal

Enhance safety

Balance vehicular mobility and pedestrian

circulation improvements

Create premier public spaces

Guiding Principles

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Greater East Midtown Proposal

53rd Street Madison Avenue Lexington Avenue Park Avenue Third Avenue

Thoroughfare I mprovements

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Greater East Midtown Proposal

Park Avenue Pershing Square Vanderbilt Avenue 44th Street 43rd Street 41st Street

Premier Public Spaces

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Greater East Midtown Proposal

Plaza Program

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Greater East Midtown Proposal

A “Shared Street” is a roadway designed for slow

travel speeds where pedestrians, cyclists, and motorists all share the right of way.

Vehicles are advised to drive 5MPH and the

roadway is fmush from building line to building line without the typical curb line grade separation. Shared streets can be designed and managed in a variety of different ways to balance the needs of all users while enhancing the safety, aesthetics, and

• verall experience of the street.

Buenos Aires, Argentina

Shared Street

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Greater East Midtown Proposal

• Funding will become available through

development

• Governing Group will select a project
• DOT will work to identify a maintenance partner
• DOT will hold multiple public workshops to

develop a design responsive to the needs of local stakeholders

• DOT will present the design to the community

board for approval

Process

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Greater East Midtown Proposal

DOT will pursue public realm improvements using interim treatments prior to future development. The proposed early action items include:

• 53rd Street corridor enhancements
• Pershing Square East Plaza upgrades
• Park Avenue traffjc reconfjguration and safety

upgrades

• Shared street pilot project

Early Action I tems

City Council Public Hearing June 20, 2017

Greater East Midtown Proposal