ABO Developments - Spring 2011 - (Page 9)

VISION 2020: 2020 In Manhattan, for example, the re-landscaping of the West Side of Manhattan is one-by-one turning piers on the Hudson River into waterfront parks, creating new neighborhoods and spurring development in previously uninhabited areas of the far West Side. Likewise, the residential rezoning of the formerly industrial Williamsburg waterfront in Brooklyn has fostered the development of a slew of massive condominiums, like Douglaston Development’s The Edge — turning that stretch of the East River shoreline into what will someday look like a New York City version of Miami Beach. But we ain’t seen nothing yet. O Redeveloping NYC’s Waterfront BY S T E V E N C U T L E R ver the past decade, New York City has finally begun to exploit its greatest natural recourse, the 520 miles of waterfront that surrounds the five boroughs — more acreage, bordering ocean, river, inlet, and bay, than the other great shorelined American cities combined. . . .the re-lan dscaping of the West Side of Manhattan is one-by-on e turning pie rs on the H udson River into w aterfront p arks, creating ne w neighbor hoods and spurrin g developm ent in previous ly uninhabit ed areas of the far West Side. The Vision 2020: New York City Comprehensive Waterfront Plan issued by the Department of City Planning in March is a blueprint, meticulously detailed in nearly 200 pages, for reclaiming the city’s shoreline for redevelopment, rezoning huge swaths of land for mixed-use, establishing whole new neighborhoods in the process. A year in the making, Vision 2020 outlines one of the most sweeping transformations of an urban waterfront in American history, formulated by a collaboration of public, state and federal agencies, plus the City Council, the New York City Economic Development Corporation, the Mayor’s Office of Long-Term Planning and Sustainability, and the Departments of Parks & Recreation and Environmental Protection. Of particular interest to developers, the plan aims to streamline the commissioning process for building on the waterfront, which for too long has been an onerous, seemingly endless process involving a multitude of city agencies. Addressing an ABO Luncheon in April, Mary Kimball, Planner with the Department of City Planning for the City of New York, told members, “The Plan is process-oriented about making Spring 2011 | 9

Table of Contents for the Digital Edition of ABO Developments - Spring 2011

ABO Developments - Spring 2011
A Letter from the Executive Director
In Memoriam: Nick LaPorte Remembered
Vision 2020: Redeveloping NYC's Waterfront
Built to Last
ABO Industry News Update
Index of Advertisers/Advertisers Dot Com

ABO Developments - Spring 2011