Aby Rosen, co-founder of RFR Realty, unveiled plans to construct a 30-story residential tower at 980 Madison Avenue on property acquired in 2004 for $126 million from the Peter Sharp Foundation. Designed by Lord Norman Foster, the modern glass structure comprised of interlocking elliptical forms will rise out of the old five-story limestone-clad Parke-Bernet Gallery … Read more

Plans for a subway line along 2nd Avenue date back to 1929. A plan was developed in the 1960s that resulted in the construction of several tunnel segments but work was suspended due to the City’s financial crisis in the 1970s. In 1995, the Metropolitan Transportation Authority (MTA) began the Manhattan East Side Alternatives (MESA) … Read more

In December 2003, the Department of City Planning (DCP) partnered with the New York City Economic Development Corporation (EDC), Housing Preservation and Development (HPD), the Departments of Cultural Affairs (DCA), the Department of Transportation (DOT) and the Department of Small Business Services (SBS) to conduct the 125th Street Study. The study was initiated in response … Read more