WBLS NEWS with Ann Tripp


City Council dismisses Midtown East redevelopment plan to allow taller skyscrapers around Grand Central Terminal

Mayor Bloomberg's last major initiative, a plan to allow taller high-rises in Midtown, reshaping the skyline, was shelved Tuesday by the City Council — with the blessings of Mayor-elect Bill de Blasio.

The Council pulled the plug just as a developer revealed to the Daily News a sweeping proposal to spend $200 million on transit improvements in Midtown, including new passageways, escalators and entrances for train and subway users at Grand Central Terminal.

Those improvements, along with other projects proposed in a 73-block area around Grand Central, were thrown into limbo by the Council’s action.

Bloomberg had sought to rezone the area to allow for the kind of soaring new skyscrapers that rise in lower Manhattan.

It was one of his most ambitious legacy initiatives, one that he said was needed to make sure New York remains competitive with other leading global cities.

But with Bloomberg’s influence waning and the clock ticking — the Council had until Nov. 19 to act — Council officials said that the plan did not have enough “yes” votes. Bloomberg then withdrew the plan.

Read more: This is a link to www.nydailynews.com/life-style/real-estate/city-council-dismisses-plan-build-midtown-east-article-1.1515052#ixzz2kWcyZXdm

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