East Side Development Closer to Approval

A City Council committee has approved a $4 billion residential and commercial development on the East River. The project, proposed by developer Sheldon Solow, is on a former Con Ed property.

Dan Garodnick, a Democrat from the East Side, said that five of the project's towers were scaled back significantly.

GARODNICK: By way of illustration, the tallest building is now shorter than the shortest building was before.

REPORTER: The development's tallest building is 595 feet, or about 55 stories.

Solow also agreed to allow lawmakers and neighborhood residents to control the design of the five acres of open space included in the project.