• bitcoinBitcoin(BTC)$76,780.001.48%
  • ethereumEthereum(ETH)$2,472.863.24%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$727.672.34%
  • rippleXRP(XRP)$1.312.62%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$101.134.06%
  • tronTRON(TRX)$0.334313-0.07%
  • zcashZcash(ZEC)$1,408.8812.17%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.65%
  • HyperliquidHyperliquid(HYPE)$82.294.64%
  • dogecoinDogecoin(DOGE)$0.0818533.48%
  • USDSUSDS(USDS)$1.000.04%
  • moneroMonero(XMR)$505.921.89%
  • whitebitWhiteBIT Coin(WBT)$79.211.84%
  • RainRain(RAIN)$0.013100-0.84%
  • chainlinkChainlink(LINK)$11.386.32%
  • leo-tokenLEO Token(LEO)$8.920.48%
  • cardanoCardano(ADA)$0.2022175.20%
  • stellarStellar(XLM)$0.1853476.16%
  • Ethena USDeEthena USDe(USDE)$1.000.03%
  • bitcoin-cashBitcoin Cash(BCH)$234.017.75%
  • daiDai(DAI)$1.00-0.03%
  • uniswapUniswap(UNI)$7.2618.10%
  • USD1USD1(USD1)$1.00-0.02%
  • litecoinLitecoin(LTC)$52.884.79%
  • CantonCanton(CC)$0.10085611.45%
  • nearNEAR Protocol(NEAR)$2.8816.62%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.342.07%
  • avalanche-2Avalanche(AVAX)$7.625.00%
  • hedera-hashgraphHedera(HBAR)$0.0750723.03%
  • Global DollarGlobal Dollar(USDG)$1.00-0.01%
  • shiba-inuShiba Inu(SHIB)$0.0000057.37%
  • suiSui(SUI)$0.736.38%
  • crypto-com-chainCronos(CRO)$0.0582625.26%
  • paypal-usdPayPal USD(PYUSD)$1.000.02%
  • tether-goldTether Gold(XAUT)$4,365.040.75%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • BittensorBittensor(TAO)$227.915.71%
  • MemeCoreMemeCore(M)$1.131.74%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • okbOKB(OKB)$112.192.51%
  • Ripple USDRipple USD(RLUSD)$1.00-0.01%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.14-0.28%
  • AsterAster(ASTER)$0.748.96%
  • aaveAave(AAVE)$126.498.17%
  • pax-goldPAX Gold(PAXG)$4,367.250.67%
  • Pump.funPump.fun(PUMP)$0.00404611.98%
  • BitwayBitway(BTW)$0.69-9.59%
  • mantleMantle(MNT)$0.573.67%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

NYC development stuck in legal limbo is finally greenlit in blow to Engoron

May 21, 2024
in Business
Reading Time: 2 mins read
A A
NYC development stuck in legal limbo is finally greenlit in blow to Engoron
ShareShareShareShareShare

Plans for an ambitious mixed-use development on what’s now a Seaport-area parking lot can finally go ahead, thanks to the state Court of Appeals’ refusal to reconsider a lower appeals court ruling that previously approved it.

YOU MAY ALSO LIKE

Paramount ‘deadly serious’ about leaving Hollywood as merger fight continues

Trump responds to new Fed chairman Kevin Warsh raising interest rates

The victory for Howard Hughes Holdings, which has been trying to build at 250 Water St. since it bought the land in 2018, also marked another stinging slap in the face to  Manhattan Supreme Court Justice Arthur Engoron, who presided over Donald Trump’s civil trial earlier this year. 

An Engoron ruling that sought to block a different development team’s plan for new towers on the Lower East Side was also overturned last year.

Howard Hughes Holdings has been trying to build at 250 Water St., rendering above, since it bought the land in 2018. Skidmore, Owings & Merrill

The Hughes plan calls for an $850 million, 27-story complex with 399 market-rate and affordable rental apartments above a five-story base with offices, stores and community space. The site is currently a full-block surface parking lot.

Howard Hughes CEO David O’Reilly said the court’s decision on Monday “paves the way for Seaport Entertainment Group to begin  construction.” 

The project will receive a tax exemption under an extension of the 421a program for certain developments that was included in the housing deal in the recent state budget.

Although the proposal got the green light from the Landmarks Commission, the City Council and the Planning Commission, neighbors who didn’t want to lose their views sued to block it on various spurious grounds.

Even after the plan sailed through the city’s comprehensive land-use review pipeline, Engoron sought to kill the project in early 2023 because of a supposedly “impermissible” relationship between Hughes and the Landmarks panel. 

He was unanimously overruled in the Appellate Division.

The victory marked another stinging slap in the face to  Manhattan Supreme Court Justice Arthur Engoron, who presided over Donald Trump’s civil trial earlier this year.  REUTERS
The project will receive a tax exemption under an extension of the 421a program for certain developments that was included in the housing deal in the recent state budget. Credit: Howard Hughes Corporation

Project foes then asked the Court of Appeals to step in — but it declined on Monday, as is usual, but not always the case when an Appellate decision is unanimous.

The newly left-leaning Court of Appeals recently took the rare step of reversing a unanimous Appellate Division ruling — the one that upheld the New York conviction of  Harvey Weinstein.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Paramount ‘deadly serious’ about leaving Hollywood as merger fight continues
Business

Paramount ‘deadly serious’ about leaving Hollywood as merger fight continues

September 17, 2026
Trump responds to new Fed chairman Kevin Warsh raising interest rates
Business

Trump responds to new Fed chairman Kevin Warsh raising interest rates

September 16, 2026
Americans’ household income hit record-high as poverty rate fell to lowest level ever in 2025
Business

Americans’ household income hit record-high as poverty rate fell to lowest level ever in 2025

September 16, 2026
SpaceX soars 5% after Starship reusable rocket launch date revealed
Business

SpaceX soars 5% after Starship reusable rocket launch date revealed

September 16, 2026
Next Post
Search underway for Philadelphia teen murder suspect who escaped custody

Search underway for Philadelphia teen murder suspect who escaped custody

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
‘Big Short’ trader Michael Burry slams OpenAI, Anthropic for ‘self-serving’ calls to slow AI

‘Big Short’ trader Michael Burry slams OpenAI, Anthropic for ‘self-serving’ calls to slow AI

September 14, 2026
Widow shares story of FBI agent who died of cancer after 9/11

Widow shares story of FBI agent who died of cancer after 9/11

September 13, 2026
LA’s Boyle Heights vegan restaurant to close after 16 years

LA’s Boyle Heights vegan restaurant to close after 16 years

September 11, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!