Via CityRealty

A package of legislation being introduced in the City Council on Wednesday aims to make renting in New York City more affordable. The bills, drafted by Council Members Keith Powers and Carlina Rivera, would limit broker fees and security deposits each to one month’s rent, as first reported by the Wall Street Journal. The bills come after a report by City Comptroller Scott Stringer released last summer found that New Yorkers paid over $507 million in security deposits in 2016.

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In December, 6sqft reported that architecture firm Snøhetta had unveiled a preservationist-friendly revision to a controversial design for an updated AT&T building at 550 Madison Avenue; last month brought more details from the firm’s proposal that was submitted to the Landmarks Preservation Commission (LPC). The most recent design is one of several revisions, each followed by controversy over being seen by preservationists as diverting too much from the building’s original design by Philip Johnson and John Burgee. Yesterday LPC approved the new preservation-friendly designs–with some modifications. The office tower is now on track to reopen in 2020.

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Last December, SL Green announced plans to renovate its building at One Madison Avenue with an 18-floor addition and modern interiors. On Tuesday, CityRealty uncovered a few new renderings of the planned redevelopment, which is being designed by Kohn Pedersen Fox. The developer will reduce the 13-story building to its ninth floor and then add the 18 column-free floors above, as well as wraparound and rooftop terraces overlooking Madison Square Park.

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Image courtesy of Downtownbrooklyn.com.

Downtown Brooklyn Partnership announced today the selection of a joint proposal from design firms WXY Studio (WXY) and Bjarke Ingels Group (BIG Architects) for a public realm action plan aimed at implementing long-term improvements to Downtown Brooklyn’s plazas, streets, and public spaces to keep pace with the neighborhood’s unprecedented growth. According to a press release, the two firms will conduct a comprehensive study and create an implementation plan for Downtown Brooklyn’s public realm and help “advance Downtown Brooklyn as a competitive, national urban center.”

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McNally Jackson bookstore on Prince Street. Image by Carl Mikoy via Flickr.

Bad news took a U-turn at the start of this year when beloved independent bookstore McNally Jackson announced that it would not be closing its doors on Prince Street in Soho after all. The news came a few months after after owner Sarah McNally, who opened the store in 2004, announced the store would be moving out of the neighborhood due to a 136 percent rent increase (from $350,000 to $850,000). The flagship location of the bookstore is not merely staying open; it will be launching new branches in Williamsburg and Laguardia Airport, and as New York Magazine reports, is on an expansion binge of sorts with stores planned for South Street Seaport and Downtown Brooklyn‘s new City Point complex.

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Rendering via NYCEDC

News broke last week that Amazon was reconsidering its move to New York City after facing opposition from residents and local officials. But a new poll released on Tuesday shows a majority of New York voters actually support the deal for the tech company to open its headquarters in Queens. According to the Siena College Research Institute, 56 percent of voters in the state back the project, while 36 percent disapprove. City residents support the Amazon deal even more, with 58 percent approving, according to the poll.

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Skyline rendering with The Spiral via Tishman Speyer

The Hudson Yards mega-development on Manhattan’s far west side is fast becoming a collection of notable new skyscrapers; construction is underway on what may be the most recognizable of the bunch, the office tower known as The Spiral that will occupy full-block site at 66 Hudson Boulevard between West 34th and 35th Streets. Bjarke Ingels Group’s design features setbacks that wind their way up the building’s exterior, hosting landscaped terraces for tower-level floors along the way.

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The “Law & Order: SVU” star and her husband, actor Peter Hermann, who bought the stunning Upper West Side brownstone for $10.7 million in 2012, had hoped to make it a $10.75 million brownstone when they put it on the market last fall. After a price cut to an unprofitable $9.75 million, the six-story, 6,000+ square-foot home at 45 West 84th Street is in contract, the New York Post reports. The couple reportedly decided to sell because their family needs have changed, though they’ve said they plan on staying in their beloved neighborhood.

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Inwood Hill Park via Flickr

Mayor Bill de Blasio’s administration is seeking ideas for two new waterfront parks in Inwood, as first reported by Curbed. The city’s Economic Development Corporation released a request for proposals on Monday for a consultant or team to design a pair of parks along the Harlem River in the Manhattan neighborhood. The plan falls under the Inwood rezoning, which was approved last August and intends to deliver $200 million in public investments. During the process, stakeholders pushed for new open space and upgraded parks to be included in the rezoning, as the waterfront remains inaccessible to many in the community.

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