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250 5th Avenue (bet. 28th & 29th Streets) application for a proposed hotel on 28th Street side of the site and by the adaptation of the upper floors of the existing bank building with a rooftop restaurant.

WHEREAS, 250 5th Avenue (bet. 28th & 29th Streets) is located on the Madison Square North Historic District and appeared before CB 5 July 10 and was the subject of an LPC Public Hearing July 23, 2012; and

WHEREAS, CB5 recommended approval by a vote of 34-0-1 of their proposal as shown below; and

WHEREAS, LPC requested the developer and architect to revise their plans for the proposed hotel; and

WHEREAS, CB5 was notified by residents of the neighborhood that they were not informed of the CB 5 meetings; and

WHEREAS, CB5 scheduled another presentation of the revised proposal which would allow community input and comments on the proposal; and

WHEREAS, This re-hearing provided CB5 with an update on the provisions of the new proposal; and

WHEREAS, The revisions resulting from LPC comments only serve to improve the appearance of the proposed hotel with: 1) less verticality of the tower as a result of horizontal banding at every other floor break: 2) symmetrical placement of elevator shaft ways on the easterly facade of the tower; and 3) a redesign of a new entrance canopy with more historic references; therefore, be it

RESOLVED, Community Board Five recommends approval of a proposed hotel on 28th Street side of the site and by the adaptation of the upper floors of the existing bank building with a rooftop restaurant at 250 5th Avenue (bet. 28th & 29th Streets) in the Madison Square North Historic District.

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