- News & Publications
- East River Fifties Alliance Prevails in its Efforts to Prevent Out-of-Scale Development
Carter Ledyard represented the East River Fifties Alliance (“ERFA”) in its successful though controversial application to amend the New York City Zoning Resolution to prevent the development of ultra-tall towers in the Sutton Place neighborhood (between First Avenue and the East River, from 52nd to 59th Streets), the only residential neighborhood in the City where such towers were permitted as-of-right. We successfully contended throughout a two-year zoning review that these towers, at 800 feet or more, are out-of-scale with the existing residential context and were not contemplated when the R10 zoning was first mapped in 1961. Despite intense developer opposition, the Community Board, City Planning Commission and City Council ultimately agreed with ERFA and its co-applicants Manhattan Borough President Gale Brewer, City Council Members Daniel Garodnick and Ben Kallos and State Senator Liz Krueger. The final proposal, approved by the full City Council on November 30, replaces standard tower rules with “tower-on-a-base” rules, which effectively limit ultra-tall buildings through minimum lot coverage and floor area “packing” requirements, while still accommodating future housing growth in the neighborhood. ERFA was represented by Senior Environmental Counsel Steve Kass, Partner Chris Rizzo, and Associate Karen Meara.
Guy Ben-Ami details the SEC’s “Disclosure Effectiveness Initiative" and outlines the SEC’s recent adoption of several amendments applicable to foreign private issuers.
Robert Grew passed away on April 29, 2019 at the age of 88. Bob joined the firm as an associate in 1957, was elected partner in 1968, practiced corporate and real estate law, and was for a time managing partner of the firm.
The women lawyers of Carter Ledyard hosted a lively evening at the Center for Book Arts featuring filmmaker and visual artist Zeva Oelbaum and author, photographer, and collector Dr. Alice Kandell.
As the the cannabis industry continues to grow, investment interest is unmistakable. Alex Malyshev identifies precautionary signs that may help investors' awareness of Risk Factors in various disclosure documents.
Leonardo Trivigno and Dylan Ruffi outline the history of Franchise Tax Board of California v. Hyatt, the decades-long dispute, in the New York Law Journal.
Karen's article identifies portability as a useful estate planning tool, but suggests it is no substitute for thoughtful estate planning.
The firm is a proud partner of the Food Bank for New York City’s 2019 Justice Served Campaign.
PCG closed a multi-million dollar capital investment in Independent Financial Partners (IFP), facilitating IFP’s launch of a new online platform.
Carter Ledyard assisted Mr. Yongquan Bi, a client, change the control of NF Energy Saving Corporation (NASDAQ: NFEC) by reconstructing the composition of its Board of Directors.
Client Advisory: Jeff Boxer and Alex Malyshev discuss the Supreme Court's recent unanimous decision in Henry Schein, Inc. v. Archer & White Sales, Inc., and what it means for arbitration.
Alison Powers Herman was promoted from Counsel to Partner, and Mary Winchurch Brown from Associate to Counsel.
The OTC Markets Group provides price and liquidity information for roughly 10,000 over-the-counter securities.
The 1st Department Appellate Division upheld a Supreme Court decision to ban single-use Styrofoam containers in food service establishments in New York City.
Steve participated in the Annual Meeting of the American College of Environmental Lawyers in Jackson Hole, Wyoming to review environmental law developments.
A London-based co-living developer closed on the purchase of a $55 million dollar development site in Bushwick, Brooklyn. Land Use counsel was provided by Paul Proulx.