February 7, 2020
The City Planning Commission recently signed off on the Olnick Organization’s long-planned proposal to rezone the Lenox Terrace residential complex in Harlem, which the developer built in the 1950s. The rezoning proposal now moves to the New York City Council.
Approval from the commission came after Olnick made changes to its rezoning proposal in response to rejections by both Manhattan Community Board 10 and Borough President Gale Brewer. The revised proposal changes the rezoning from commercial zoning to residential upzoning with a commercial overlay. It also scraps plans to build a six-story structure at 470 Lenox Ave.
“The best way to keep Harlem affordable is to create more affordable housing, and at Lenox Terrace that is only feasible through the proposed rezoning,” Seth Schochet, president of the Olnick Organization, said in a statement.
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