Lightstone's Brooklyn Project Moves Ahead With Panel's Nod

Law360, New York (March 18, 2013, 7:00 PM ET) -- The New York City Planning Commission on Monday approved the Lightstone Group's plans to take over a former Toll Brothers Inc. development site in Brooklyn and build 700 rental apartments after the developer dropped a previous modified plan.

Lightstone will now move ahead with the development “as-of-right,” complying with the existing zoning regulations at the site, instead of seeking further approval of a plan that modified Toll Brothers' original proposal and would have required further zoning allowances.

“Today's decision will allow the Lightstone Group to move...
To view the full article, register now.

Dewey Verdict Watch

Follow our exclusive coverage of the trial of the year:

Dewey Trial Day 67