NYU 2031 Core Plan Update. September 2011

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NYU 2031 Core Plan Update September 2011 1

NYU 2031: NYU in NYC A plan to map out the University s long-term growth needs Recent historical trends Projected enrollment growth (modest) Schools 10 year plans Needs not currently met Is a pathway for how the growth should be distributed across New York City Recognizes that not all of the University s needs can be accommodated in and around Greenwich Village The plan calls for a combination of full utilization of our existing footprint, mixed with more thoughtful growth in the neighborhood The plan calls for the University to take advantage of potential growth opportunities that are proximate to the existing Health Corridor and the emerging downtown Brooklyn (Poly) hub; and calls for a long-term view toward the potential of Governors Island Requires a new approach NYU must evaluate and prioritize uses that must be proximate to the Washington Square Campus based on our needs, the spaces available in the Core and Neighborhood are not endless NYU must recognize the limitations of a campus in Greenwich Village on some disciplines, such as the major sciences The entire plan calls for a level of predictability and transparency that has never been a part of how NYU grows 2

The Core in an Urban Context Zoning Historic Districts 3

Core Opportunities There are only three remaining sites in the Core for development, yielding very little additional square footage (approximately 180,000 GSF) for the University s future Historic District 105,000 SF 55,000 SF 20,000 SF Key Red # s Available As-of-Right 4

Core Opportunities Based on remaining Core opportunities and the surrounding historic district and zoning restrictions, development of the Superblocks, becomes a critical component as the University contemplates its future growth needs Historic District 80,000 SF 1,320,000 SF 1,200,000 SF Key Red # s Maximum GSF available 5

Superblocks: Site History 1954 Urban Renewal creates 3 superblocks between West 4 th and Houston Wooster and Green Streets are demapped, zones are designated for future widening of LaGuardia Place and Mercer Street 1955 NYU takes ownership of the northernmost superblock Private developers purchase the two southern blocks 1956-60 Private housing (WSV) development completed on the middle block, including LaGuardia retail and supermarket Washington Square Village sold to NYU Remainder of southern block sold to NYU, with the exception of the supermarket 1960-64 NYU commissions the office of I.M.Pei to design the University Village residential complex Silver Towers 1 and 2 house NYU faculty 505 LaGuardia developed as middle income housing 1981 Coles gymnasium completed on the east side of the University Village superblock 2001 NYU acquires supermarket site 2008 Pei Tower site landmarked 6

Existing Conditions 7

Proposed Site Plan 8

Highlights of Core Proposal New and Improved Open Space programmed as both passive and active, the plan calls for the opening of 3 acres of public open space. Creation of two new strips of City Parkland on northern superblock. No use of eminent domain and no need for residential tenant relocation. A site for a new public school to be built by the City. Plans for 1.3 million square feet of potential above-grade building, and an additional 1 million square feet of below-grade opportunities. Creation of a mixed use environment on these, now, mainly NYU residential blocks. 9

Bird s Eye View, 2031 10

Before and After Perspective Looking Across Washington Square Village Block 11

Before and After Perspective Looking South down former Greene Street 12

Process and Approvals 13

Proposed ULURP Actions Zoning Map Change Zoning Text Change Large-Scale General Development (LSGD) o Height and setback waivers for the New Zipper and Bleecker/LaGuardia buildings* Demapping of NYC Streets o Portion of Mercer St, between Bleecker St and Houston o Portion of Mercer St, between West 4 th St and West 3 rd St Creation of new City owned Parkland Demapping of Below Grade Volume of NYC streets o Portion of LaGuardia Pl, between West 3 rd St and Bleecker o Portion of Mercer St, between West 3 rd St and Bleecker Proposed Related Actions Elimination of Urban Renewal Deed Restrictions (HPD) Certificate of Appropriateness for landscape changes on landmark site (LPC) - Approved * Additional waivers to be determined 14

Proposed Zoning Map Change Current Proposal Existing Zoning Current Zoning Proposal Loft Blocks Map C1-5 overlay over Loft Blocks Superblocks Rezone from R7-2 to C1-7 (R8-equivalent) Maximum FAR remains unchanged at 6.5 FAR for community facilities Increase in residential FAR from 3.44 FAR to 6.02 FAR Allows Commercial FAR up to 2.0 FAR Rezoning Area 15

Zoning District Comparison Superblock Proposal Existing Zoning R7-2 2010 Proposal C6-2 Current Proposal for Superblocks C1-7 Allowed FAR 6.5 6.5 6.5 Residential FAR 0.87-3.44* 0.94-6.02* 0.94-6.02* Community Facility FAR 6.5 6.5 6.5 Commercial FAR 2.0, only allowed in C1-5 overlay 6.0 2.0 Allowed Use Groups 1-4 1-12 1-6 Open Space Ratio (determines amount of land not occupied by buildings) 15.5-25.5* 5.9-11.9* 5.9-11.9* Max. Street Wall Height 60ft 85ft 85ft * Note - Varies based on height factor March 2011 16

Mapping Application to be Filed Block Street Demapping, Acquired by NYU Education Block 535 Mercer Street (A) NYU Cogen/Mercer Plaza (Bleecker Street to West 3rd Street) South Block University Village 524 Mercer Street (D) (Houston Street to Bleecker Street) Block Below-Grade acquired by NYU Above-grade Mapped as Parkland (subject to easements to allow access and construction) North Block Washington Square Village 533 LaGuardia Place (B) (Bleecker Street to West 3 rd Street) Mercer Street (C) (Bleecker Street to West 3 rd Street) N 17

Milestones Submission of EAS and Draft Scope of Work o April 2011 Public Scoping Hearing o May 2011 Estimated Target for Certification o Early 2012 ULURP Process o Anticipated Completion in 2012 18