NYC Council approves Midtown rezoning, paving way for new towers

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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.

Skyline of East Midtown. Overview. The Department of City Planning is proposing a rezoning of East Midtown, a 73-block area surrounding Grand Central Terminal. The purpose of the rezoning is to ensure the area’s future as a world-class business district and major job generator for New York City.

“This is a major milestone for the future of East Midtown, clearing the way for One Vanderbilt to deliver. this agreement,” Holliday said. The New York City Council approved the Vanderbilt Avenue.

DCP is proposing a zoning text amendment and map change for the Greater East Midtown neighborhood. The proposal would permit higher as-of-right densities for new state-of-the-art office building construction in order to ensure that East Midtown remains a highly competitive business district. New development would facilitate public realm improvements and the preservation of area landmarks

May 8, 2019, New York, NY: The New York City council today approved jpmorgan’s new headquarters as the first site to utilize the City’s East Midtown Rezoning. City Council Member Keith Powers led negotiations for improvements at the 270 Park Avenue site, which will result in thousands of new construction jobs for New York City and.

A City Council subcommittee approved the long-awaited rezoning of Midtown East Thursday. The new rules will allow developers to build larger office towers than currently allowed in exchange for.

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City Council Approves Rezoning for New JP Morgan Chase HQ at. – City Council Approves Rezoning for New JP Morgan Chase HQ at 270 Park. 1950s office building between East 47th and East 48th Streets to make way for a new 70-story commercial tower. Under the terms of the new zoning, Chase will build 10,000 square feet of public open space on Madison Avenue.

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NYC 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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