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Smaller Plan For 250 Water Street In South Street Seaport Approved By Landmarks Commission arrow A rendering of the proposed 25-story building for 250 Water Street as seen from the Brooklyn Bridge. Skidmore Owings & Merrill rendering for Landmarks Preservation Commission A contentious $850 million proposed development in the South Street Seaport district that was ultimately scaled back due to community opposition won approval from a key city agency Tuesday, according to reports. The Howard Hughes Corporation’s bid to build a 25-story mixed-use tower at 250 Water Street was approved 6-2 by the Landmarks Preservation Commission, the body that would need to greenlight any proposal in the historic district, the Real Deal reported.

Southbridge towersNew yorkUnited statesCouncilmember margaret chinSkidmore owings merrillSarah carrollGale brewerSaul scherlHoward hughesCity councilLandmarks preservation commissionSeaport museumCity realtyCommunity boardHoward hughes corporationSouth street seaport