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ENB - Region 2 Notices 02/17/2010

Notice of Acceptance of Draft EIS

New York County (Manhattan) - The New York City Planning Commission, as lead agency, has accepted a Draft Environmental Impact Statement on the proposed 15 Penn Plaza. Copies of the Draft EIS are available for public inspection at the office of the contact person listed below. The proposal involves actions by the City Planning Commission and Council of the City of New York pursuant to Uniform Land Use Review Procedures (ULURP). A public hearing on the Draft EIS will be held at a later date to be announced, in conjunction with the City Planning Commission's citywide public hearing pursuant to ULURP. Advance notice will be given of the time and place of the hearing. Written comments on the Draft EIS are requested and would be received and considered by the Lead Agency until the 10th calendar day following the close of the public hearing.

The action involves a proposal by the applicants, 401 Commercial LP and 401 Hotel REIT LLC, to redevelop the current site of the Hotel Pennsylvania with a new commercial office building. To provide the applicants with the flexibility to respond to market conditions, two options are proposed - a Single-Tenant Office Scenario and a Multi-Tenant Office Scenario. Both scenarios would consist of a new commercial office tower located above a podium base suitable for trading uses and new below-grade mass transit improvements. The Multi-Tenant Office Scenario would also accommodate retail uses in the podium base.

In order to develop this proposed project (either scenario), certain discretionary approvals are required from the New York City Planning Commission (NYC CPC). Thus, the proposed project is subject to environmental review under the State Environmental Quality Review (SEQR) and City Environmental Quality Review (CEQR) regulations and guidelines.

Approvals from the Metropolitan Transportation Authority-New York City Transit (NYCT), Port Authority of New York and New Jersey (PANYNJ), and Amtrak are required for the design and maintenance of the below-grade mass transit improvements. In addition, subsurface easements may be requested from Amtrak for building support columns.

The proposed project is expected to have an approximately 4½ year construction period and be complete in 2014.

Absent approval of the proposed project, the applicant would develop an as-of-right project (or No Action building), of approximately 1.15 million zoning square feet on the development site.

The project is located on Seventh Avenue between West 32nd and West 33rd Streets directly east of Penn Station in Manhattan, Community District 4, New York.

Contact: Celeste Evans, New York City Department of City Planning, 22 Reade Street, Room 4E, New York, NY 10007, Phone: (212) 720-3321, E-mail: cevans@planning.nyc.gov.

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