NYC Council approves Midtown rezoning, paving way for new towers

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– "nyc council approves midtown rezoning, paving way for new towers," by Bloomberg’s David Levitt: “The New York City Council voted to rezone about 78 blocks of east midtown manhattan.

City Council approves Midtown East rezoning, paving way for new era of office development New, 1 comment Th rezoning concerns a 78-block stretch and will usher in 6.8 million square feet of new.

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It covered 530 blocks of the city-in Ozone Park, way out at the end of the A train-and was the second-largest rezoning in the entire twelve years of the Bloomberg administration. It was also much more.

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. The proposal.

 · 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. . The inability to.

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East Midtown Rezoning Plan: What You Need to Know. City planning commission approves east midtown rezoning. DCP has identified 16 sites that could potentially sprout new towers in the next.

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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. Analysis: Here’s what Midtown East landlords could make from.

The rezoning plan for Manhattan’s Greater East Midtown district is now in effect, after New York City Council’s unanimous approval. The regulations cover 78 blocks and are primarily focused on.

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Via Flickr. 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.