Upzoning Midtown

Catering to potential office tenants who would want more modern spaces, New York City officials are toying with rezoning a swath of midtown Manhattan, allowing for even more density and the replacement of aging office buildings.

"City officials and real estate executives have worried for years that other major urban centers-including London and Singapore-could vault ahead in their office offerings.

The concept was born out of a pitch made to the city in mid-2011 by the Real Estate Board of New York, which argued for a more limited rezoning plan that wouldn't have added additional office space.

City officials came back showing interest in a more elaborate version that could build up the area, people familiar with the matter said.

Since then, the real-estate board, which represents developers and other real estate executives, has pushed the plan behind the scenes, pointing out that the area north of Grand Central is particularly concentrated with older buildings."

Full Story: Big Midtown Rezoning Eyed

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Book cover of Contemporary Debates in Urban Planning

Contemporary Debates in Urban Planning

Featuring thought-provoking commentary and insights from some of the leading thinkers and practitioners in the field.
$18.95

NEW! City Map Posters

Available in 9 different cities.
$25.00