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Planning commission recommends land‑development waiver for 127 North Broad Street with construction‑bond condition
Summary
The commission voted to recommend approval of a land‑development waiver for 127 North Broad Street on the condition that the applicant post a construction bond acceptable to city staff and the city engineer; staff had recommended denial citing lack of bonding and unclear phased scope.
The New York City Planning Commission on a unanimous vote recommended approval of a land‑development waiver for 127 North Broad Street, conditioned on the applicant posting a construction bond acceptable to city staff and the city engineer.
City planning staff had recommended denying the late waiver request, citing a lack of bonding and an unclear, standalone scope for the proposed Phase 1 improvements. Staff said it would not evaluate Phase 1 until the plan established the scope and limits of Phase 1 work or until Phase 2 was unlikely to occur. Neil Metzger, project manager with Site Design Concepts, told commissioners the applicant intends to proceed with a Phase 1 conversion of the existing…
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