Lenox Terrace Association of Concerned Tenants
Serving the Lenox Terrace Community
one apartment at a time!
On Thursday, June 18, 2015 the Olnick Organization, landlords of Lenox Terrace apartments, went before the Community Board 10 (CB 10) Land Use Committee, seeking approval to rezone the entire Lenox Terrace complex from residential to commercial zoning. At the end of the meeting, the Committee voted unanimously to write a letter of support for LT-ACT against the commercial rezoning.
After Olnick presented their PowerPoint presentation, Brian Benjamin - Chair of the Land Use Committee, called the plan "disappointing."
"We expected you to come with more," Benjamin told Olnick. "What are you giving back to the community in exchange [for the zoning change]?"
The commercial rezoning could double the number of apartments in an already densely populated complex, adding an unsupportable strain to the infrastructure of the community including subways, buses, traffic, schools, and hospital as well as having a devastating impact on the quality of life of the community.
Copyright 2018 Lenox Terrace Association of Concerned Tenants
COMMUNITY BOARD 10 LAND USE COMMITTEE
SIDES WITH LT-ACT
The landlords are proposing six new apartment building towers on the property, some as high as 30 stories as well as dense, overscale commercial infill as high as five stories tall around the perimeter of the complex. Olnick tried to sell their proposed plan to the Committee as an "affordable housing plan," even though it will only include 20% "affordable" housing. In the mean time Olnick is being sued in a class action lawsuit by LT tenants claiming Olnick has taken existing apartments out of rent stabilization illegally.
CB 10 Land Use Boardmembers told Olnick, this is a "market rate plan," not an affordable housing plan and that the zoning change to commercial would not be beneficial the community.
78 % of Lenox Terrace residents voted against the commercial rezoning last year.
LT-ACT strongly opposes the rezoning and has been advocating maintaining the current residential zoning which still allows for development of the property including new apartment towers and commercial space in line with a residential community.
Olnick can continue to pursue commercial rezoning, so the battle continues. This is a first and very important victory for LT residents and the community.