Masonry Magazine August 1968 Page. 28
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Air Rights Concept
(Continued from page 26)
land that was formerly tax-exempt. The private segment of the combined air rights structure pays taxes based on the assessed valuation of the leasehold and the improvement.
In many cases, Galvin points out, the combined revenue from sale or lease of air rights and taxes can pay for the entire cost of the public facility.
An historic development in air rights use for public facilities, Galvin notes, was the formation of the New York City Educational Construction fund with the responsibility for creating air rights sites and developing income-producing properties over public schools.
Its first project Highbridge House and P.S. 126 is now under construction in the Bronx. The development combines a three-story elementary school for 1,400 children and a 25-story middle-income cooperative apartment house for 400 families. Designed by Galvin's firm, the complex includes major recreational areas for the students and also for the apartment residents.
The air rights concept, he says, also is being pioneered in the private education field by Trinity Schools, one of New York's oldest continually functioning private schools for boys. The project Trinity School and Trinity Tower -involves a 200-middle income apartment tower which is being built above a new three-story school on an urban renewal parcel. Located on New York's West Side, it also was designed by Brown Guenther Battaglia Galvin.
The development of air rights projects combining public facilities, such as schools, with private structures, represents a demanding architectural challenge and involves a wide spectrum of considerations, Galvin says. These include structural design in providing functional separation between the two segments of the project, legal ramifications, financing, and allocation of construction costs, among others.
The article also features a detailed discussion of the development of the Trinity School project, as a prototype "air rights" design requiring solution of many complex factors entailed in building it in an urban renewal area.
"The progress in bringing together government and private groups in this, as well as in other air rights projects now underway, reaffirms the validity and increasing role of the concept in contributing to urban redevelopment," Galvin says.
Books...
"What? Not Covered!" by Walter T. Derk, Insurance Consultant, Mason Contractors Association of America 59 p. indexed, MCAA Book Department, Chicago, Illinois, $2.
Faced with solving today's ever-complicated insurance problems for his clients, W. T. Derk has presented in a new booklet, "What? Not Covered!", a concise summary of the principal hazards excluded or omitted from the newly revised liability insurance policies.
The prime purpose of this fact-filled book is to bring the fine print into better focus. The author uses simple, non-technical language to illustrate major gaps in General Liability, Automobile Liability and Umbrella Excess Liability policies. Included are some 40 examples of specific losses not covered, with suggested remedies to fill such gaps.
The author, Walter T. Derk, has served as MCAA insurance consultant for several years, is with a national brokerage firm and is regarded as the leading national speaker on the subject. His earlier book, "Insurance For Contractors", is now in its 4th printing, with over 30,000 copies in circulation.
Copies of "What? Not Covered!" are now available by mail from Mason Contractors Association of America, 208 South La Salle Street, Chicago, Illinois 60604. Single copies are $2, with quantity discounts available. Checks must accompany all orders.
Principles of Construction Management for Engineers and Managers by R. Pilcher, Senior Lecturer in Construction Management, Loughborough University of Technology, Loughborough, Leicester, England. 142 pages plus index; 96 illustrations; 5½ x 82; McGraw-Hill; $16.50. Available: July, 1968.
Principles of Construction Management for Engineers and Managers, which was published by McGraw-Hill in England in 1966, will be available in the United States in July.
In this volume, the author brings together a number of basic techniques necessary in applying scientific principles to construction management, and he presents them in sufficient depth to enable the reader to apply them to practical problems.
This volume, complete and self-con-