In the News: Massive Air-Rights Deal in the Seaport

••• Downtown Express recaps the skeevy way that the restaurant/bar at 11 Sixth Avenue ignored the community’s request that it not build an enclosed sidewalk café. Also, something I don’t recall from the CB1 liquor license application: Owner Gregory Nardello “also owns the restaurant Augurs Well in the East Village.”

••• Manhattan Loft Guy crunches the data on a loft sale at 161 Hudson.

••• Remember when the city wanted to move the Criminal Summons Court to 40 Worth (before backing away, under neighborhood pressure)? It finally decided to put it on “the entire 16th floor of the city’s landmark Municipal Building near City Hall, officials disclosed Tuesday. The city will spend $20 million to renovate the space.” —New York Daily News

••• From the Real Deal: “The Howard Hughes Corp. paid […] $30.8 million to buy about 333,329 square feet of air rights from above the South Street Seaport Museum and a handful of properties on the block north of Front Street, property records filed yesterday show. But while [HHC’s controversial] tower is proposed to rise on a piece of property across the FDR Drive on the waterfront, records show the developer transferred the air rights to an inland block on the southern side of Fulton Street across from the museum.” A friendly note to HHC: How about being forthcoming with your overall plans for the neighborhood? UPDATE: HHC says that the rights have not been applied to a specific site. From a rep: “The Howard Hughes Corporation purchased approximately 333,000 feet of air rights from a consortium of banks that owns the development rights created by the South Street Seaport Historic District. The air rights have no impact on the proposed mixed-use building on the New Market site and are independent from the current Seaport redevelopment proposal.”

••• “Millennium High School, a selective public secondary school in the Financial District that gives admissions preference to Lower Manhattan applicants, has succeeded in record time with an unprecedented campaign to raise funds in order to launch a girls’ softball team this spring.” —Broadsheet

••• Merchants Hospitality has another restaurant in Lower Manhattan: “Industry Kitchen is located at 70 South St., near Maiden Lane and Pier 15, underneath the elevated F.D.R. Drive.Here’s the menu, which includes something called a “tacco pizza.” —Downtown Express

Industry Kitchen

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