18 April 2008

What's Going On With 110 Amity?

Last we heard Time Equities, the outfit that was behind the Lamm Institute mews development project at 110 Amity Street in Cobble Hill—which was deemed the Amity Street Horror by some—their plan had been reviled by the community and turned down by the Landmark Preservation Commission. The scheme had involved an objected-to new mews on the Henry Street side filled with townhouses. This led Francis Greenburger, CEO and Chairman, Time Equities Inc., to write an open letter to several local blogs (including this one). It read in part:

We value feedback from the community and the commission and will continue to address concerns, such as those that arose in the early meetings which led to design revisions of the Henry Street façade of the new townhouse.

At this point, we will re-conceive the project in a traditional street wall approach and try to present a plan that is responsive to the input received at the most recent Landmark hearing. As we did last time, we will reach out to the community and Landmark staff prior to presenting the final concept to the commission.

That was in late January. That would-be mews, the Henry Street lot, is now up for sale. (Second listing down.) The listing says the lot's "of right zoning will permit for a 15,660 buildable square foot residential building," and it has "great potential for high end condominium and/or residential apartments." (It never ever stops, does it?) Asking price? "Call for More Information!!!"

Did Time Equities throw in the towel rather than deal with the community and LPC? Did the economy cause they to abandon the project? And now what happens?

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