Quote:
Originally Posted by JMKeynes
I assume that they could also buy air rights from Grand Central and local churches.
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The air rights are what will get it to that size. The basic FAR was raised from 12 to 15. Everything above that will have to be purchased.
Of course, a developer could always apply for something beyond zoning, but would have to make a compelling case for an increased FAR. The way it worked at 175 Park was through a semi-lot merger with Grand Central. Had that been a true lot merger, then 175 Park would still be greatly underbuilt.