Showing posts with label Robert Toll. Show all posts
Showing posts with label Robert Toll. Show all posts

Wednesday, January 7, 2009




As Robert Toll continued to unload stocks of his company, Toll Brothers' New York V.P. David Von Spreckelsen showed up with his usual crew at the Planning Commission's hearing concerning their Gowanus development project. In addition, the unions sent half a dozen workers to speak for the project. Both Buddy Scotto and Mark Shames were there as well, whole-heartedly endorsing the project, even suggesting that it should be higher. Mr. Scotto told the board that he was " exceedingly happy and supports the project 100%, without reservations."

However,the voices of the community members who had yet again taken time off from their jobs, their families and their lives (and without pay) in order to attend this meeting, were loud and clear: The Toll Brothers' project should not go before the greater rezoning of the Gowanus area, the height and bulk of the development will dwarf the much lower surrounding brownstone neighborhood and foremost, the health risks of building on the shores of the polluted Gowanus may just be too much of a gamble.
Amongst those community members who voiced their concerns, were my local heroes:
Rita Miller, Steve Miller, Glenn Kelly, John Hatheway, Chris McVoy, Maria Pagano and Marlene Donnelly who handed in her statement.

Below is the testimony given by Glenn yesterday:


Dear Commissioner Burden:

I am writing to express our support for appropriate development along the Gowanus Canal and our concerns about the Toll Brothers project.
I have worked with the Carroll Gardens Neighborhood Association for the past few years and serve as an Executive Committee Director and co-chair of the Land Use Committee. The CGNA has determined that there is consensus in Carroll Gardens for some control over the development occuring in our neighborhood and we are acting upon that consensus.
NYC Planning has recently introduced its plan for the rezoning of the Gowanus corridor and has committed to moving forward on the contextul zoning of Carroll Gardens. This will both allow for future development and protect the character and quality of life in the neighborhood.
The Gowanus plan is a good start and shows that a great deal of thought and community input went into it including lessons learned from the Park Slope/ Fourth Avenue rezoning. We have a great opportunity here and we have to get it right.
Our concern over the Toll Brothers' application is that we are circumnavigating the master rezoning process and allowing a developer to take the lead on how the Gowanus will look and work. While their plan has some wonderful aspects, it is the first one they presented. we should not be so quick to accept it without community input. It can be better.
We should not forget that, while we don't own the property, we, as citizens, do own the right to rezone the land and increase its value. This right and this value have too often been undervalued. Since we, as local residents, will have to live with the results, we should not allow developers, with only a profit motive to guide them, to hijack the planning process. The Gowanus plan will undergo changes and improvements which should apply to all of the development there in order to get the best result and one which we can all be proud of.

Glenn Kelly
Carroll Gardens Neighborhood Association



Below is a video of John Hatheway's testimony.





Related Reading:

Will City Planning Actually Hear Community At Today's Toll Brothers' Gowanus Development Hearing?

Marty Markowitz Hears From Both Toll Brothers And From Residents



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Thursday, November 13, 2008


( photo and map credit: Toll Brothers)



Even if our Community Board just voted to approve the spot rezoning needed by Toll Brothers for their condo development along the Gowanus Canal, it may never get off the ground. In yet another interview, Brother Robert Toll seems to be down on New York City and its housing market. Here is an article from
Floyd Norris in the New York Times.




November 11, 2008, 3:50 pm

Toll on New York: It’s Dead

Robert I. Toll, the chief executive of the luxury home builder Toll Brothers, used to say New York City was the bright spot for home sales. No more.

“New York City was a nice stand-alone beacon,” he said in a conference call this afternoon. “Now it has joined the rest of the country.” That happened, he said, in mid-September after the financial crisis worsened.

“The financial industry has to lose 100,000 jobs,” he said, before his colleagues evidently tried to tell him that was too negative, and he amended his statement to say the loss could be smaller. “That’s got to have an impact,” he added.

One more negative: “The foreign market is not there as it was to support the price of condos,” he said.

He said that one condo project that his company is building in the Williamsburg section of Brooklyn was now being marketed as “rent-to-own.”

Mr. Toll was asked in the call if any members of Congress were on board to back his plea to subsidize home prices. He said there had been talks, but he had no endorsements.

As to why the government should be subsidizing home builders when there is an oversupply of houses, he said the country needed the construction jobs.



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