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South Street Seaport Deserves a New Plan

seaport_hughes_200wIn a letter to Deputy Mayor Alicia Glen (PDF), MAS came out in opposition to the current Howard Hughes proposal for a 494-foot residential tower at the South Street Seaport. MAS believes that the proposal–which places the new tower east of the FDR Drive and within the local flood plain–is in conflict with the City’s commitment to increase the resiliency of Lower Manhattan in the wake of Superstorm Sandy.

Our Executive Director Margaret Newman wrote, “MAS has a decades-long history in discussions about the future of the Seaport and, although we cannot support this proposal, we believe there is great potential for a public/private partnership solution to the Seaport’s needs. We are eager to work with both the City and Howard Hughes on a new plan for this area, New York’s first ‘financial district.'”

Read the letter (PDF) »»
Read more in Crain’s New York »»