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Extell Breaks its Deal with the Upper West Side

A wonderful post appeared in Marta Hallowell's Huffington Post blog concerning Extell and the Riverside South/Center project.

The post is here -- please read it!

Among the things she talks about are:

The developer Extell is quietly pushing for big changes to its Riverside Center project ... any future construction was bound by a Restrictive Declaration ...  Now, after half the project is already built, Extell is trying to get out of the Restrictive Declaration. ... the Restrictive Declaration limits the developer to build no more than an additional 2.4 million sq. ft. But Extell is pushing for a variance to increase that amount to 3.1 million sq. ft.

2009-11-25-Vistassummer2007RiversideSouthclose1a

Read her blog to understand where the above picture comes in!

Posted by David B. Black on 01/15/2010 at 02:49 PM |

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