Owners will vote in July on whether to go private. At market rate, apartments may be worth $1 million.
Some locals say the DOT robbed the neighborhood of parkspace designated for public art.
The developers have agreed to build a new audio-visual center for the community as part of the deal.
Seaport residents are welcoming the race, hoping the thousands of visitors will support local businesses.
Fallout from the storm includes damage to local businesses and some buildings still without heat.
One tree will be lost between Stillwell Avenue and Eastchester Road for the parkway renovation project.
A small group of area residents want to fix up a rundown horse stable on Pelham Parkway.
Critics say the public art project planned for Petrosino Square "desecrates" its namesake.
Little Italy groups want the city to reinstate church basement poker and a greased pole climb contest.
The city removed the "Please Dismount" signs after construction near the bike path finished.
Belgian waffles will soon be available in City Hall Park and Prospect Park.
Workers in the South Street Seaport mall did not pull the fire alarm during the recent blaze.
Residents are concerned about the noise and inconveniences the NYC Half-Marathon will bring.
After last year's battle over the historic festival, CB2 recommended approval on Thursday night.
The city has quietly suggested increasing fees for events that take up the street or sidewalk.
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