Manhattan Upzoning Stumbles on Way to the Finish Line

"With the proposal [to rezone East Midtown] now wending its way through the public approval process, the New York City Planning Department released a series of minor modifications to its own plan on Wednesday in an attempt to mollify some critics in the real estate industry," reports Charles V. Bagli.

"The revisions provided little comfort, however, to those with stronger misgivings about the proposal, including community groups, preservationists and even some landlords who worry that the proposal is needlessly rushed and could result in a drastic increase in density in a neighborhood where the public transportation system is already overwhelmed."