By Serena Dai on June 18, 2014 12:15pm
Abel Bainnson Butz, LLP
A 39-story mixed-used development approved in 2009 at 145 and 155 West St. in Greenpoint also gained the board’s support to renew its permit, which includes 140 units of affordable housing in a separate building from one that’s market rate.
The projects would also all feature developer-built public green space.
The 2008 recession and financing issues largely kept the developments from moving forward.
Eric Palatnik, a zoning attorney and representative for Rector Hylan, has blamed construction costs and economic climate on the failures to start on the initial permit, which was renewed in 2011.
He did not say why the project has been delayed since then and did not respond to requests for further comment. The owners wanted the permit renewed until 2016, Palatnik said.
Developers of 145 and 155 West St. in Greenpoint said the credit freeze after the recession kept the project from moving forward, according to Vivien Krieger, attorney for the developers.
They now hope to break ground early next year, she said.