NYC Council approves Midtown rezoning, paving way for new towers

Midtown East Rezoning – The Real Deal New York – The City Council on Wednesday cleared the way for 6.5 million square feet of new office space to rise in Midtown East. The council approved rezoning more than 70 blocks in the district, allowing.

(The Vanderbilt Corridor would be subsumed by the Special Midtown District and be subject to the new zoning regulations). Unlike the Vanderbilt Corridor, which required a special permit, developers in the East Midtown Subdistrict would be able to get as-of-right bonuses with the new rezoning.

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City Council approves Midtown rezoning, paving way for new towers – The New york city council voted to rezone about 78 blocks of east midtown Manhattan, enabling an aging building stock to be replaced by newer, larger and taller office towers.

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New York City has undertaken a number of significant rezoning efforts in recent years. The latest change received city Council approval on August 9, 2017, the rezoning of a section of Midtown Manhattan known as East Midtown.The amendment of the Zoning Resolution of the City of New York is intended to encourage development in a major business center.

NEW YORK (CBSNewYork) – The New York City Council this week approved the rezoning of the East Midtown business district – clearing the way for new tall buildings. As WCBS 880’s Marla Diamond.

NYC Council Approves Midtown Rezoning, Paving Way for New Towers. NYC Council Approves Midtown Rezoning, Paving Way for New Towers.. (Bloomberg) — The New York City Council voted to rezone about 78 blocks of east midtown Manhattan, enabling an aging building stock to be replaced by newer.

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The New York City Council on Wednesday approved the first supertall to be constructed under the Midtown East rezoning. JPMorgan Chase will build a new 70-story headquarters at the site of its.

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ZONED OUT – "Long-touted Midtown rezoning. the plan is approved.” Read the story here. TAX TALKS – "Lawsuit not the right way to reform property taxes, de Blasio says," by POLITICO New York’s Laura.

City Council Unanimously Approves East Midtown Rezoning. New York City Council approved the East Midtown rezoning plan by a 42-0 margin at its session on Wednesday.. pave the way for a new.