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Old Posted Nov 23, 2020, 4:42 PM
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NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
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So MSD's last transfer offsite was to the 270 Park avenue redevelopment for 666,766 sf...



















So it works out as :

Base FAR of 15 for the GC lot (not including the Hyatt) = 2,198,700

Amount of built space currently on the lot = 322,664

Amount of previous transfers = 491,026

Transfer to 270 Park Avenue - 666,766

Remaining development rights on site - 718,244
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