Tright here is nothing stunning about 250 Water Road, a derelict automobile park in Decrease Manhattan. However it’s within the historic low-rise district of Seaport, an previous fishing quarter, which was designated a landmarked space in 1977. The location is the main focus of a authorized row over a mission dubbed the “Seaport Tower”, which has pitted preservationists in opposition to builders.
The context is New York’s dire lack of housing. In February town’s triennial housing survey revealed a rental emptiness fee (the proportion of accessible housing unoccupied) at a historic low of 1.4%. The Seaport Tower, which might soar to 324 ft, increased than the Flatiron Constructing, would convey 270 new housing models in a handy a part of city. However at what price?