“The City Council has worked closely with the surrounding co-op boards in the area to craft a plan that addresses community concerns including parking, traffic and overcrowding,” City Council President Liam McLaughlin said in a statement Wednesday. “Stagg has worked with the community in a truly meaningful way on those issues and what we have is a finished product that puts a valuable parcel on the tax roll and creates good construction jobs.”

In response to community concerns, a new traffic pattern for the intersection of Bronx River Road, Midland Avenue and Broad Street to reduce backups was also added to the plan.