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Developer Plans 57-Story Tower at Formerly Contaminated West Side Site

8 Sep 2017 10:37 AM | Anonymous member (Administrator)

by Maya Rajamani, dnaInfo (NY)

A developer who secured an $8 million tax credit for cleaning up a contaminated lot on the West Side plans to build a 57-story tower at the site.

Silverstein Properties last week filed for permits to construct a mixed-use tower on the site of a former Mercedes dealership at 520 W. 41st St., between 10th and 11th avenues, city Department of Buildings records show.

In 2016, Silverstein received $8,028,106 in publicly funded tax credits through the state’s Brownfield Cleanup Program for cleaning up the site, a state Department of Environmental Conservation spokeswoman said on Monday.

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