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Old Posted Sep 4, 2019, 12:59 AM
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Join Date: Jul 2001
Location: Borough of Jersey
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Quote:
Originally Posted by Gantz View Post
Does anyone know how much air rights this site has (including potential air rights transfers)? That will be a good indicator of approx. future height.
The amount of air rights on site could change because it sits within the northern border of the theater air rights transfer distric, which ends at 57th Street. So any potential developer could (and I assume would) use the air rights on site and nearby, and could also transfer air rights for one or more of the various theaters eligible. There is a ratio, but I forget exactly what that is.
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