Playground concept for illustrative purposes only
NYC Educational Construction Fund Metropolitan Hospital
E. 97th Street
MTA Co-Op Tech Marx Brothers Co-Op Tech Stagin Playground Marx BrothersMarx Playground Brothers Park East and g Area Heritage High (JOP) Avenue (IllustrativePlayground Diagram) (JOP)
st Schools 1 Residential
E. 96th Street
Existing Site Proposed Program • Co-Op Tech • Three New Public School Facilities • Marx Brothers Playground (JOP) • Reconstruction of Marx Brothers Playground • MTA Staging for 2nd Ave Subway (part of JOP) • Permanent Affordable Housing
NYC Educational Construction Fund 2 A NYS Public Benefit Corporation
Builds new NYC Department of Education (DOE) public schools through mixed-use development projects, without the use of DOE capital funding
Works with the DOE and the New York City School Construction Authority (SCA) to identify schools and communities that need improved school facilities and/or increased seats
Issues bonds for the construction of the schools, which are repaid by the developer in rental income and tax equivalency payments
NYC Educational Construction Fund 3 ECF has developed 18 projects since the 1970’s – most recently PS 59/High School of Art and Design at East 57th and Second Avenue (2012) and M114 East Side Middle School on East 91st Street (2010)
NYC Educational Construction Fund 4 December 2012 – ECF issued bid for 321 East 96th Street public-private partnership
September 2013 - After consideration of competitive bidders ECF selected AvalonBay to redevelop Co-Op Tech May 2014 – ECF met with Speaker Mark-Viverito’s staff to address the Speaker’s and community’s specific requests for any proposed project:
• New East Harlem Schools • Significant Permanent Affordable Housing • Economic Development • Job Training and Employment Opportunities • Open Space for East Harlem residents
January 2016 – Entered agreement with AvalonBay to redevelop Co-Op Tech June 2016 – DEIS Notice of Public Scoping May - December 2016 – Preliminary meetings with CB11, DPR, DCP and SCA NYC Educational Construction Fund 5 Co-Op Tech lacks available space for growth and high student achievement
• Cramped learning environment
• Additional shop space for popular trades (welding, carpentry, automotive, culinary) cannot be accommodated in current space
• Lack of central efficient storage facilities for trade equipment and supplies
NYC Educational Construction Fund 6 Co-Op Tech lacks available space for growth and high student achievement.
• Inadequate and outdated electrical, ventilation and telecommunication systems
NYC Educational Construction Fund 7 Heritage High School and Park East High School lack appropriate facilities for high student achievement The Heritage School – 1680 Lexington Ave Park East High School – 230 E. 105th Street • Cramped learning environment • Cramped learning environment • Limited growth at Julia de Burgos • Confined spaces – narrow halls and Cultural Center classrooms • Lack of appropriate cafeteria, gym and • Gym serves as both gym and auditorium private counseling space • Cafeteria doubles as art room • Lack of storage facilities • Lack of storage facilities • Not fully ADA-accessible
NYC Educational Construction Fund 8 Built by DOE in 1941 for use by surrounding schools
• Serves as a Jointly Operated Playground (JOP) for use by the schools and community
• Since 2008, western portion of the Playground has been used for MTA’s Second Avenue staging
• Remainder of playground is a turf ball field used for East Harlem and other Manhattan youth and adult groups outside of school hours
Project will completely rehab existing playground, while keeping its original size
Continued input from DPR, CB11, and local community on design of the reconstructed playground for school and community use
NYC Educational Construction Fund 9 Schools must remain operational throughout redevelopment
Project must maintain ongoing financial stability and regular bond payments while addressing important public benefits
Project must reconstruct and upgrade Marx Brothers Playground while working with DPR, and electeds to meet the needs of the schools and community
Project must mitigate temporary and permanent impacts around the site, including those related to construction and transportation
NYC Educational Construction Fund 10 NYSE publicly-traded company since 1994
AvalonBay is a fully integrated real estate company that includes extensive development, construction and property management expertise with a superb track record of delivering on its promises
AvalonBay’s NYC portfolio consists of nearly 5,000 apartment homes in 11 communities located in Queens, Brooklyn and Manhattan
AvalonBay has been developing and managing mixed-income inclusionary housing communities in the NYC metro since its inception and high-rise buildings in New York City since 1998. Affordable housing development includes 500 units in Manhattan and over 1,650 in the region
NYC Educational Construction Fund 11 Avalon Morningside
• 295 apartments
• Completed in 2008 after winning an RFP issued by The Cathedral St. John the Divine
• 59 affordable homes
• Long-term ground lease
NYC Educational Construction Fund 12 Avalon Bowery Place
• 657 apartments
• Completed in 2007 after winning an RFP issued by the City of New York (HPD)
• Partnered with University Settlement
• 178 affordable homes, YMCA with swimming pool, and a 60,000sf supermarket all completed as part of development plan
NYC Educational Construction Fund 13 Total of approximately 1.3M gross square feet (GSF) • Two School buildings = ~270,000 GSF ◦ I: Co-Op Tech = ~135,000 GSF ◦ II: The Heritage High School & Park East High School = ~135,000 GSF • Residential = ~1.0M GSF ◦ 68 stories ◦ ~1,100 – 1,200 apartments (all rental) • Retail = ~22,000 GSF
Permanent Affordable Housing • 30% of total units – all rental (~330 - 360 affordable units) • Affordable to households averaging 60% of area median income • One third of the affordable units will be targeted to households earning not more than 40% of AMI
Reconstruction and upgrade of Marx Brothers Playground = 64,380 SF The density height of market rate residential program is required to support this unique combination of schools, open space and housing benefits NYC Educational Construction Fund 14 Approx. $950 million total construction costs • Approx. $300 million schools construction • Approx. $8 million playground reconstruction • Approx. $642 million residential and retail construction
ECF uses ground rents, lease payments and/or tax equivalency payments from the non-school portion of the project to finance construction of school facilities
Future revenues from the non-school portion(s) of the development are used to pay debt service on the school facility bonds with a term of up to forty years
Revenues supporting all community benefits and ECF bond issue stem from the height and density of residential non-school development portion
NYC Educational Construction Fund 15 Fully Integrated Project Delivery Platform • AvalonBay construction and operations management are committed to maximizing local hiring opportunities across construction trades, property management, and with eventual retail tenants
Collaboration with HireNYC • Utilizing NYC EDC infrastructure to connect job seekers with hiring resources
Co-Op Tech Internship Program and other opportunities • Students placed in semester internships with AvalonBay and its subcontractors • Providing on the job training for construction trades • Metropolitan Hospital interest in internships for Park East and Heritage HS students
Seeking Partnerships with Local Workforce Providers • Coordinated hiring campaign assisted by Public Works Partners • Targeted skills training and job applicant preparedness for East Harlem residents • Maximizing local hiring through partners which could include: ◦ Positive Workforce NYC ◦ STRIVE ◦ Youth Action / Youth Build NYC Educational Construction Fund 16 All construction jobs will pay prevailing wages
The project will utilize substantially union labor
Opportunities will also exist for nonunion jobs
City’s MWBE goals for contractors and subcontractors also apply
Approx. average daily peak of 700 construction related jobs. Total for all trades throughout the entire project will be higher.
NYC Educational Construction Fund 17 E. 97th Street
Co-Op Tech MTA’s Second Avenue Subway Marx Brothers Playground Staging Area (JOP) (23,000 SF) Avenue st 1
E. 96th Street
NYC Educational Construction Fund 18 1. New Co-Op Tech 2. Replace JOP 3. New Dual HS Building 8 floors max height to Same size and configuration as 9 floors max height to accommodate 135,000GSF existing playground accommodate 135,000GSF
E. 97th Street
Retail 1st and 2nd Co-Op Tech Floor Park East and Co-Op Tech Marx Brothers Playground Heritage Lower Levels High Schools Large Shop Spaces c Avenue st 1
Residential
4. Residential E. 96th Street Remaining available land to accommodate 1100-1200 residential units (30% permanently affordable) NYC Educational Construction Fund 19 Marx Brothers Playground (Illustrative Diagram)
NYC Educational Construction Fund 20 Residential Residential
Co-Op Tech
Co-Op Heritage High School and Tech Park East High School
NYC Educational Construction Fund 21 Residential
Co-Op Tech
Heritage and Park View High Schools
Marx Brothers Playground
NYC Educational Construction Fund 22 Residential
Co-Op Tech
Heritage and Park East High Schools
Marx Brothers Playground
NYC Educational Construction Fund 23 Residential
Co-Op Tech
High Schools on 1st Ave beyond
Retail 1st and 2nd Floors
NYC Educational Construction Fund 24 Residential Co-Op Tech
Retail 1st and 2nd Floors NYC Educational Construction Fund 25 Residential Co-Op Tech
Metropolitan Hosp. and 1st Ave HS Bldg beyond
Retail 1st and 2nd Floors NYC Educational Construction Fund 26 Park East and Heritage High Schools
Reconstructed and Upgraded Marx Playground concept Brothers Playground for illustrative purposes only NYC Educational Construction Fund 27 NYC Educational Construction Fund 28 NYC Educational Construction Fund 29 Amendments to the Zoning Map • Rezone a 100’ portion east of 2nd Avenue from R10A/R7-2 to a C2-8 District • Rezone remainder of Block 1668 from R7-2/R10A to a R10 District
Amendments to the Zoning Resolution • To allow distribution of lot coverage and establish an MIH designated area
Special permits • To allow distribution of lot coverage and waiver of height and setback restrictions • To reduce parking requirements applicable to non-income restricted residences
Certifications to modify restrictions on location of curb cuts
Certification that a transit easement is not required
Approval of a home rule message by the New York City Council
Authorization from New York State for the relocation and reconstruction of the existing JOP playground, and its replacement with an equivalent area of JOP playground space NYC Educational Construction Fund 30 Traffic • 7 analysis intersections would experience impacts • 4 cannot be fully mitigated during one and/or two peak periods • Analysis did not account for active Traffic Enforcement Agents
Pedestrian • 5 sidewalks, 11 corners, and 6 crosswalks were analyzed • Significant adverse impacts were identified for 1 crossing (north crosswalk at Third and East 96th) during the AM and PM peak hours. Can be fully mitigated
Parking • Requested waiver to eliminate the 120 required parking spaces • Demand shortfall could be accommodated by additional resources within ½-mile of the project site
Transit • Analysis of the Lexington Avenue and Second Avenue stations as well as area buses. NE Stairway at the Lexington Avenue station is projected to incur significant adverse impact • Coordination with NYCT given conservative ridership assumptions and actual patterns with opening of SAS
NYC Educational Construction Fund 31 Addresses capital and capacity needs facing East Harlem schools
Allows rezoning to assist replacement of aging and inadequate school facilities
Expands Career and Technical Education programs at Co-Op Tech to meet the demand of high growth, well paying/strong benefit job fields
Allows for superior learning environment for Heritage and Park East High Schools
Creates permanent affordable housing units (30% of total) with varied levels of affordability
Reconstructs and upgrades Marx Brothers Playground to help meet the needs of existing residents and schools for vibrant and accessible community open space
Increases employment opportunities for East Harlem residents and students
NYC Educational Construction Fund 32 2018- 2021- 2016 2017 2023 2020 2022
• Public • ULURP • Construction of • Demolition of • Completion of Announcement new Co-Op Tech existing Co-Op residential tower Tech and retail • AvalonBay and • Outreach to elected ECF design • New Co-Op Tech officials/ community schools and opens • Construction of input and support residential tower additional schools
• Begin SEQRA/EIS • MTA vacates • Construction of phase playground playground
• Completion of • Opening of playground additional schools design and playground
NYC Educational Construction Fund 33