NYC’s Landmarks Commission Approves HHC’s Scaled-Down Plan for Seaport Apartment Tower
New York City’s Landmarks Preservation Commission on Monday approved the Howard Hughes Corporation’s plan for a new Seaport District apartment tower at 250 Water St., currently a one-acre empty lot, the New York Post reported. The approval came after HHC scaled down the project from two 470-foot towers into a single 300-foot tower.
The commission’s 6-2 vote allows HHC’s plan to begin the seven-month Uniform Land Use Review Procedure this month. The project doesn’t require a zoning change, but does need a special permit for height and an air-rights transfer from the nearby Tin Building and Pier 17.
Budgeted at upwards of $800 million, the project will include community spaces, office suites and apartments. It also entails a long-term commitment to keep the financially-strained South Street Seaport Museum running.
HHC tristate-region president Saul Scherl said the project would play a “vital role in the city’s inclusive post-pandemic economic recovery.”
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