An old idea has new life in the de Blasio Administration—less restrictive air rights regulations for landmarks like St. Patrick's Cathedral.
"The Archdiocese of New York has been working with Central Synagogue and St. Bartholomew’s Episcopal Church for new rules that would allow the two churches and the synagogue—all designated city landmarks—to sell their unused air rights to developers who have properties that aren’t adjacent and may be many blocks away," reports Josh Barbanel.
The rule would be a huge boon to St. Patrick's Cathedral, which, surrounded by tall buildings, is prevented by current air rights regulations from selling its estimated one million square feet of air rights.
According to Barbanel, City Planning Director Carl Wiesbrod recently announced to an "the beginning of a broad review of air rights." The article includes a helpful infographic illustrating how air rights work.
Readers unable to circumvent the Wall Street Journal paywall can find follow up reporting in the New York Business Journal or The Real Deal.
FULL STORY: Up in the Air: Development Rights of New York City Landmarks [paywall]
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$100 Million in Air Rights Sold by New York's Pier 40
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Florida Considers Legalizing ADUs
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Conservatives’ Decongestion Pricing Flip-Flop
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Trump’s approach to policies like NYC’s congestion pricing isn’t just irrational and wasteful — it defies the tenets of conservatism. But there are ways to reframe the issues.
Oak Park Plans Earth Month Events
Join Oak Park, Illinois, for a series of Earth Month events highlighting the importance of community engagement and education, integrating sustainability into local plans, and planning for the most vulnerable, such as birds, bees and butterflies.
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