Greater East Midtown Proposal
City Council Public Hearing
June 20, 2017 A Premier Business District with Long-term Challenges
outdated floorplates Pre-1961 Building Rezoning Boundary
More than 60 million square feet !N !Q !R of office space.
!Q
!R Fifth Madison Park Lexington Third Second Approximately 250,000 workers. 57th
!4 !N !5 Home to some of the city’s most !6 iconic office buildings, landmarks, narrow sidewalks and civic spaces. !E !M 53rd Regional transit hub. Investment in significant transit !2 infrastructure including East Side 47th
Access and Second Avenue subway. !3
long queues !B !1 !D Long-term Challenges !F !M • Outdated building stock
• Limited new development 42nd !S !7 • Current zoning • Pedestrian + transit network 39th
Page | 2 Greater East Midtown Proposal Recent City Initiatives
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
Page | 3 Greater East Midtown Proposal Individual Landmarks + Historic Districts
60th St Previously Designated Recently Designated 59th St
58th St 58th St Fifth Madison Park Lexington Third Second 57th St 57th St
56th St 56th St
55th St 55th St
54th St 54th St
53rdSt 53rdSt
52nd St 52nd St
Minnie E. Young Martin Erdmann 18 East 41st Street Hampton Shops Yale Club Pershing Square 51st St 51st St Residence Residence Building Building
50th St 50th St
49th St 49th St
48th St 48th St
47th St 47th St
46th St 46th St
45th St 45th St
44th St 44th St Vanderbilt Ave Vanderbilt
43rd St
42nd St
41st St Graybar Building 400 Madison Shelton Hotel Beverly Hotel Hotel Lexington 601 Lexington Avenue and St. Peter’s Church 40th St 40th St Fifth Ave Fifth Madison Ave Ave Park Third Ave Third 39th St 39th St Ave Second Lexington Ave Lexington
Page | 4 Greater East Midtown Proposal Zoning Proposal Proposed Boundary 60th St
59th St
58th St 58th St Fifth Madison Park Lexington Third Second One + Two Family Residence 57th St 57th St
56th St 56th St Subdistrict boundary is informed Multi-Family Residence (walkup) by current land use and built 55th St 55th St Multi-Family Residence (elevator) fabric. 54th St 54th St Mixed Residential + Commercial 53rdSt 53rdSt
52nd St 52nd St Predominately commercial areas Commercial 51st St 51st St included. Industrial 50th St 50th St Transportation + Utility 49th St 49th St Public Facilities + Institutions Mixed residential-commercial areas not 48th St 48th St included. Open Space 47th St 47th St
Parking 46th St 46th St
45th St 45th St Residential districts east of Third Ave Vacant 44th St 44th St Vanderbilt Ave Vanderbilt not included. Subdistrict Boundary 43rd St
Vanderbilt Corridor 42nd St Vanderbilt Corridor remains separate. 41st St
40th St 40th St Fifth Ave Fifth Madison Ave Ave Park Third Ave Third 39th St 39th St Ave Second Lexington Ave Lexington
Page | 6 Greater East Midtown Proposal C5-1 C5-1 R10 R8B C1-9 PI 60th St PARK C8-4 R10HPI C2-8 R7-2 R8B59th St R10H C5-2.5 R8 PARK C5-2.5 Proposed Text + Map Amendment 58th St 58th St R8B C5-2.5 C5-2 C5-2.5 Fifth Madison Park Lexington Third Second 57th St 57th St TA R10
56th St 56th St R8
C5-P 55th St 55th St C5-2.5
54th St 54th St Text amendment | Establish the East Midtown C6-6 C5- (15) 53rdSt 53rdSt Subdistrict within the Special Midtown District 2.5 C5- (12) 2.5 C6-6 52nd St 52nd St R8B (MiD), which will supplant the Grand Central (12) (15) 51st St C5-3 51st St C5-2.5 C6- Subdistrict. (15) R8B 4.5 50th St (12) 50th St C5- 49th St 2.5 49th St Map amendment | Rezone Block 1316. (12) MiD C1-9 48th St 48th St
47th St 47th St R10 PARK (10) 46th St 46th St
C6-4.5 45th St 45th St C5-3 C5- MiD C6-4 TA (10) U 44th St (15) 2.5 44th St
Proposed text amendment Ave Vanderbilt (12) U 43rd St Proposed map amendment C5-2 C6-6 (10) PARK 42nd St Zoning District PARK C5- C5- C5- C5- 41st St R10 Special District 2.5 2.5 2.5 2.5 PARK (12) (12) (12) (12) C6-4.5 40th St 40th St Special Midtown District C5-2 Fifth Ave Fifth Madison Ave Ave Park Third Ave Third 39th C1-9St M1-639th St Ave Second R8B R10 Ave Lexington R8B R8B R10 C5-2 R10 TA Page | 7 Greater East Midtown Proposal Text Amendment Density Framework + Qualifying Site Criteria
60th St Proposed Density Map 59th St
Increased density based on locational criteria 58th St 58th St Fifth Madison Park Lexington Third Second Near Grand Central Terminal 57th St 57th St
56th St 56th St Near transit hubs along East 51st 55th St 55th St and East 53rd streets 54th St 54th St 53rdSt 53rdSt Along Park Avenue 52nd St 52nd St
Along wide streets 51st St 51st St 50th St 50th St
Site eligibility criteria in order to use 49th St 49th St 48th St 48th St proposed framework 47th St 47th St • Cleared frontage, a landmarked building, or a 46th St 46th St transit easement required along a wide street 45th St 45th St
44th St 44th St • Commercial floor area minimum of 80% of zoning Ave Vanderbilt 43rd St lot 42nd St
• Building must meet or exceed environmental 41st St standards 40th St 40th St Fifth Ave Fifth Madison Ave Ave Park Third Ave Third 39th St 39th St Ave Second Lexington Ave Lexington
Page | 8 Greater East Midtown Proposal As-of-Right Mechanisms
Qualifying sites can achieve maximum as-of-right FAR via three mechanisms:
pre-identified transfer of landmark rebuild overbuilt transit improvements development rights floor area
Image | Kohn Pedersen Fox Associates
Page | 9 Greater East Midtown Proposal As-of-Right Transit Improvement Mechanism
Required improvements | Within a Transit Improvement 30.0 Zone, between 10% and 20% of a development’s earned floor area must be generated!N !Q !R through the completion of pre-identified transit improvements. 2 .0 !Q
!R
Fifth Madison Park Lexington Third Second 23.0 57th Lan mar !4 e elopment !N !5 !6 20.0 Rights !E !M 53rd ransit Impro ements 1 .0
Base AR !2 10.0 47th !3 !B !1 !D !F .0 !M
42nd !S !7 0.0 E a ple 39th Transit Improvement Zone
Page | 10 Greater East Midtown Proposal As-of-Right Landmark Transfer Mechanism
Would permit district-wide transfer of landmark 30.0 development rights. Continuing maintenance plan for the landmark will be required. 2 .0 21.6 Each transfer requires a contribution into the Public Realm Improvement Fund equaling 20% of TDR sale or a 20.0 Lan mar e elopment minimum contribution of $78.60 per square foot. Rights
1 .0
Base AR 10.0
.0
0.0 E a ple Saint Patrick’s Cathedral
Page | 11 Greater East Midtown Proposal As-of-Right Overbuilt Floor Area Mechanism
Would permit pre-1961 buildings with non-complying floor 30.0 area to demolish and re-build to their overbuilt density. 27.0 Non-complying floor area that is rebuilt would require a 2 .0 Lan mar contribution into the Public Realm Improvement e elopment Rights Fund of $78.60 per square foot. 21.6 Lan mar ransit Qualifying sites could utilize the transit improvement 20.0 e elopment Impro ements Rights and landmark transfer mechanisms to achieve O er ilt O er ilt maximum permitted FAR. loor Area loor Area 1 .0
Base Base AR AR 10.0
.0
0.0 tside nside 570 Madison Avenue
Page | 12 Greater East Midtown Proposal Additional Subdistrict Regulations
Provisions Applicable on Qualifying Sites Discretionary Actions to Modify Qualifying • Environmental standards Site Criteria • Height and setback • Authorization to allow enlargements on • Sidewalk widening qualifying sites • Retail continuity • Special permit to modify qualifying site • Stacking rules provisions
Special Permits for Additional Floor Area Additional Modifications Affecting the Subdistrict • Transit improvement special permit • Hotel use • Public concourse special permit
Page | 13 Greater East Midtown Proposal Public Realm Improvements Public Realm Improvement Concept Plan
Initial public realm improvement concept plan consists of pedestrian realm projects and transit improvements identified by DOT and MTA.
Projects in the concept plan can be modified over time to adapt to changing situations and capitalize on future opportunities.
Principles and project types are incorporated into the Zoning Resolution.
Page | 15 Greater East Midtown Proposal Transit Improvements
Pre-identified transit improvements
• Improvements categorized according to project Proposed improvements to Lexington line at Grand Central Terminal via One Vanderbilt project scope and public benefit. • 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 Image | Kohn Pedersen Fox Associates • Type 3 | 120K sf - significant station overhauls and significant improvements to station capacity
Page | 16 Greater East Midtown Proposal Pedestrian Realm Toolkit
pedestrian shared thoroughfares plazas streets
Rendering of proposed plaza at Pershing Square East Rendering of interim strategy to pilot a shared street treatment Bus bulbout at Seventh Avenue and West 34th Street
Page | 17 Greater East Midtown Proposal Public Realm Improvement Fund + Governance
The Fund: • Generated through a portion of the landmark development rights sales and the redevelopment of overbuilt floor area. • Supports capital improvements identified 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.
Images | Renderings of pedestrian plaza at Park Avenue and 40th Street in daytime and nighttime condition.
Page | 18 Greater East Midtown Proposal Minimum Contribution Function + Methodology
Landauer East Midtown Market Study Final Report cover
Function Assures an appropriate minimum level of investment in the public realm, which is mutually EAST MIDTOWN LANDMARK TDR beneficial to the public, property owners, and CONTRIBUTION RATE MARKET STUDY landmarks.
FOR: New York City Economic Development Corporation 110 William Street Minimum contribution amount methodology New York, NY 10038 Based on the results of a market study, the TDR value of the lowest quartile of the 10 most recent BY: land sales in Midtown East and Midtown West Landauer Valuation & Advisory A division of Newmark Grubb Knight Frank 125 Park Avenue was used to determine the minimum contribution New York, New York 10017 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
Page | 19 Greater East Midtown Proposal Concept Plan: Transit Network Guiding Principles
!N !Q !R 60th St
59th St
!Q 58th St 58th St !R
Prioritize stations with highest volume of customers Fifth Madison Park Lexington Third Second to/from East Midtown 57th St 57th St 56th St 56th St !4 !N !5 55th St !6 55th St
Address stations’ customer congestion points by 54th St 54th St
!E !M 53rdSt 53rdSt
• Increasing capacity with new or wider stairs/ 52nd St 52nd St
escalators 51st St 51st St
50th St 50th St • Providing new path of travel with a new 49th St 49th St
!2 entrance or stair 48th St 48th St
47th St 47th St Provide ADA accessibility where does not exist !3 46th St 46th St !B 45th St 45th St !1 !D !F 44th St 44th St !M Vanderbilt Ave Vanderbilt
Placemaking to improve circulation, wayfinding and 43rd St the customer environment 42nd St !S !7
41st St
40th St 40th St Fifth Ave Fifth Madison Ave Ave Park Third Ave Third 39th St 39th St Ave Second Lexington Ave Lexington
Page | 21 Greater East Midtown Proposal Station Eligibility
Eligible Station Transit Improvement Zone
!N !Q !R 60th St Lexington Ave- 59th St Station 59th St
!Q 58th St 58th St !R Fifth Madison Park Lexington Third Second MTA identified six stations with significant East 57th St 57th St
Midtown ridership. 56th St 56th St !4 !N !5 55th St !6 55th St
• Grand Central 54th St 54th St !E !M 53rdSt 53rdSt Fifth Ave- Lexington Ave- 53rd St 51st/53rd Sts Station Station • Fifth Avenue-53rd Street 52nd St 52nd St
51st St 51st St
• Lexington Avenue-51st/53rd Streets 50th St 50th St
49th St 49th St 47th-50th Sts- Rockefeller Ctr
!2 Station • 42nd Street Bryant Park-Fifth Avenue 48th St 48th St 47th St 47th St !3 46th St 46th St • 47th-50th Streets-Rockefeller Center !B 45th St 45th St !1 !D !F 44th St 44th St !M • Lexington Avenue-59th Street Ave Vanderbilt 43rd St Grand Central Terminal 42nd St !S !7 42nd St Bryant Park- 41st St Fifth Ave Station
40th St 40th St Fifth Ave Fifth Madison Ave Ave Park Third Ave Third 39th St 39th St Ave Second Lexington Ave Lexington
Page | 22 Greater East Midtown Proposal Pre-Identified Transit Improvements
• 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
Page | 23 Greater East Midtown Proposal Concept Plan: Pedestrian Realm Guiding Principles
Enhance safety
Balance vehicular mobility and pedestrian circulation improvements
Create premier public spaces
Page | 25 Greater East Midtown Proposal Thoroughfare Improvements
53rd Street Lexington Avenue Park Avenue Third Avenue
Madison Avenue
Page | 26 Greater East Midtown Proposal Premier Public Spaces
Park Avenue 44th Street
Vanderbilt Avenue 43rd Street
Pershing Square 41st Street
Page | 27 Greater East Midtown Proposal Plaza Program
Page | 28 Greater East Midtown Proposal Shared Street
Buenos Aires, Argentina
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 flush 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 overall experience of the street.
Page | 29 Greater East Midtown Proposal Process
• 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
Page | 30 Greater East Midtown Proposal Early Action Items
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 traffic reconfiguration and safety upgrades
• Shared street pilot project
Page | 31 Greater East Midtown Proposal Greater East Midtown Proposal
City Council Public Hearing
June 20, 2017