[NYguy]

The broader Midtown East rezoning gets underway.


http://nypost.com/2017/01/03/east-mi...inally-happen/

...Existing buildings, hobbled by ancient infrastructure unsuited to today’s digitally attuned companies, are an average 70 years old, mainly because 1961 zoning rules made replacing them near-impossible. Freeing the area from the straitjacket could restore its allure to companies needing 21st-century bells and whistles.

...If the Department of City Planning measure survives the seven-month Uniform Land Use Review Procedure, which requires approval by the City Council and the mayor, it will bring a net increase over 20 years of more than 6 million square feet of office space to the district’s current 90 million square feet, the DCP projects.

But the area will gain more than 15 million square feet of modern, state-of-the-art space because some old buildings will be torn down for new ones.

Rezoning’s fate is being closely followed by landlords who want the option to redevelop older properties — among them, publicly traded SL Green, Vornado and Brookfield; privately held Rudin Management and the Durst Organization; and companies that own their office towers such as JPMorgan Chase and Pfizer.

Some take aways from the DEIS that was released, along with potential or expected development sites, lot sizes, etc. Projected height numbers are just numbers for reasonable development (no bearing on what will actually get built). Projected FARs, for the most part, will range from 23 - 25.







Locations of individual projected sites...



























Development would minimally impact or overburden existing resources in the already dense area...











An sample of projected development sites and what could be built...