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If the applicants were to merge with additional zoning lots that the applicant commits to return to the Community Board and Board of Standards and Appeals for a subsequent modification of their special permit. This modification only permits the use of 40 Central Park South air rights.
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This site directly borders Central Park, so 850 ft is a pretty big deal. I don't think they need to go much higher, but if they do acquire additional rights, I can see this joining the supertall club.
Using those cityrealty renders, this is how an 850 ft tower would blend in, main shaft facing the park...
