A group of roughly a dozen property owners in the Midtown East neighborhood of Manhattan plan to convene a meeting this afternoon to discuss preservation efforts targeting their buildings and strategies to deal with any attempt to landmark their buildings that could stall future development, a knowledgeable source told City & State.
The group holding the meeting, Midtown 21C–a coalition of real estate, business and labor leaders–believe that preservationists and community activists hope to use the landmarking process to thwart development in the area. The Bloomberg administration is advancing a rezoning proposal for the neighborhood that would allow for greater building heights and density in that neighborhood.
The neighborhood has 32 properties that the city’s Landmarks Preservation Commission has identified as an “historic asset” that could warrant landmark designation, and groups like the Municipal Art Society have made an additional 17 recommendations for buildings that were candidates for landmark status.
The source said the Midtown 21C coalition is “seriously concerned” about their properties being landmarked because it could make the Midtown East area less competitive for office space. Many of the buildings in the area are of the pre-war variety and are outdated in design and lacking in energy efficiency.
Details about the time and location of the meeting are unknown and an email sent to the Midtown 21C coalition about the nature of the meeting was not immediately returned.