Controversial SoHo/NoHo Rezoning Clears Latest Hurdle "City officials say the rezoning could pave the way for the construction of as many as 3,500 new apartments, including up to 900 subsidized apartments for low and middle income New Yorkers, through the city’s Mandatory Inclusionary Housing requirement. It’s the last rezoning de Blasio is attempting to push through under his mayoralty. The city planning commission approved the Gowanus rezoning proposal in September, which is also now before the city council for review." (Gothamist)
DOT Punts Long-Delayed Fifth Avenue Project to Next Mayor "The fight to make any changes to one of the world’s most-expensive streets has been a slog. Hizzoner first announced plans for a full-fledged Fifth Avenue busway — one that would emulate the successful 14th Street busway — in 2020, as one of five, new car-free stretches throughout the city that would help speed commutes for riders, including many essential workers. The city said at the time that the busway, which would serve about 110,000 passengers daily, extend from 57th Street to 34th Street and operate 24 hours a day, seven days a week. The bus-only thoroughfare was supposed be installed by the end of last summer." (Streetsblog NYC)
COVID-19 positivity rate in New York stays below 3 percent "The statewide rate Friday was 2.54 percent, when measured on a seven-day average, and it stood at 1.29 percent in New York City, Gov. Hochul announced Saturday." (Daily News)
Chinese developer willing to sell Manhattan supertall site at big loss "The developer is seeking to get about $200 million for 80 South Street, sources familiar with the offering told The Real Deal. That’s a significant break from the $390 million Oceanwide paid for the property in 2016, when Chinese capital was rushing into the United States." (The Real Deal)
