Stephen Lefkowitz quoted by the <em>Commercial Observer </em>about SL Green’s Vanderbilt Corridor

Stephen Lefkowitz quoted by the Commercial Observer about SL Green’s Vanderbilt Corridor

Real Estate partner Stephen Lefkowitz was quoted by the Commercial Observer following a Department of City Planning hearing on the Vanderbilt Corridor proposal to rezone five blocks in Midtown East. Mr. Lefkowitz indicated that SL Green’s commitment to completing US$200 million in public improvements before getting any certificates of occupancy establishes a more stringent standard than the requirements in last year’s failed Midtown East rezoning proposal. “This is not simply dollars being paid either to the city or Grand Central Terminal, this is work the developer will have to do. This is a different obligation than writing a check,” he said.