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A most unlikely project

A most unlikely project

AI Briefing

  • • Formerly a bus parking lot, the site was slated for manufacturing due to zoning.
  • • Adam Zeidel saw potential for affordable homes and redevelopment.
  • • A 1986 Cornell University case set the groundwork for the project.

Context

A parking lot for buses at 2031 Eastern Parkway was largely overlooked by passersby due to its graffiti-covered fencing and single-story manufacturing zoning. Adam Zeidel, principal of Coconut Properties, saw potential in the site to create hundreds of affordable homes.

The site's potential is tied to a 1986 court case, Cornell v. Bagnardi, which was won by Cornell University and set a precedent. This case is relevant to understanding why the site is valuable for development.

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