Had a developer proposed building a megatower in the middle of a narrow tree-lined street anywhere else in the five boroughs, he’d be laughed clear across the nearest river. But the small piece of Manhattan encompassing most of the 50s, east of First Avenue, is the only residential area in the city with no height limits on buildings. None at all.
ERFA town hall meeting to to oppose megatower invasion of Sutton Place
Hence, Gamma Real Estate’s plan to shoehorn a ludicrous spike smack into the middle of E. 58th Street, just off First. Although the Kalikow family is trying to portray its massive project as a done deal, it is not quite.
The East River 50s Alliance (ERFA) has submitted a sophisticated rezoning plan for the neighborhood that would impose sane height limits on new construction while promoting more affordable housing than Mayor de Blasio would require under current rules.
How shall we put it? The news was modestly optimistic. Every table at Morso Restaurant was taken this morning as the East River Fifties Alliance (ERFA) updated neighbors on the fight to stop a 90-story(!) tower planned for the middle of East 58th Street, between First Avenue and Sutton Place.
The developer Bauhouse Group is seeking to force a megatower on Sutton Place. Imagine this: a building almost as high as the Empire State Building smack in the middle of narrow East 58th Street. The East River 50s Alliance, a neighborhood group, is fighting to stop it.