August 2012 - Empire State Development - New York State

DRAFT – SUBJECT TO REVIEW AND REVISION
Director Ciminelli asked why ESD could not bifurcate the process since part is being
restored and then an addition is being made.
Ms. Shatz stated that only the historic façade on the theatre is being restored. The
auditorium and the theatre itself are not historical.
Director Miller noted that she was happy to see that this project was finally going to
come to fruition. She then asked if a marketing study had been done with regard to the
creation of a hotel on 125 th Street. Director Miller also asked if the hotel is not successful has
any thought been given to a different usage such as additional low income housing.
It was established that a marketing study had been done and updated and that Harlem
has continued to flourish and change in a way that there’s a demand for hotel services.
Mr. Archer added that in terms of the hotel not being successful, no consideration has
been given thus far to other possible uses.
There being no further questions or comments, and upon motion duly made and
seconded, the following resolution was unanimously adopted:
NEW YORK (NEW YORK COUNTY)-VICTORIA THEATRE REDEVELOPMENT PROJECT –
Adoption of Land Use Improvement Project and Civic Project Findings pursuant to
Section 10 of the UDC Act; Authorization to Adopt the Proposed General Project Plan
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