The Hughes Company has prevailed in a court fight with residents of Southbridge Towers, who opposed its $850M multifamily high-rise on a lot next to Manhattan's landmark South Street Seaport.
Actually, the court fight pitted a group known as the South Street Seaport Coalition against NYC's Landmark Preservation Commission and Historic Districts Council, which had approved the project.
New York Supreme Court Justice Arthur Engoron had sided with the petitioners and invalidated the approval of the new residential tower at 250 Water Street, a decision that has now been overturned an appellate court in New York.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
