NYC Chelsea Market Project Loses Borough President's Vote

Law360, New York (July 19, 2012, 8:49 PM EDT) -- Manhattan Borough President Scott M. Stringer on Thursday became the third New York City authority to cast doubt on Jamestown Properties' controversial proposal to build an office tower and hotel atop iconic retail destination Chelsea Market, expressing concern that the project would undermine the nearby High Line park.

Echoing earlier recommendations by a local community board and its planning committee, Stringer advised the New York City Planning Commission and City Council — the authorities that ultimately decide the project's fate — to deny developer Jamestown Premier...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.