NYC Council approves Midtown rezoning, paving way for new towers

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But the tower. rezoning – a change the local council member believes could set a precedent for significant growth in the area.” http://politico.pro/2dyA7nH TAX TRICKS-"Midtown tower co-owned by.

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SL Green has reached an agreement with Midtown TDR Ventures to drop the litigation surrounding the mammoth One Vanderbilt office tower (pictured), removing any uncertainty about the rezoning.

City Council unanimously approves Midtown East rezoning plan. After five years, the City Council approved a rezoning for Manhattan’s Midtown East on Wednesday, by a 42-0 vote. The proposal will rezone roughly 78 blocks, running from East 39th Street to East 57th Street and from Third Avenue to Madison Avenue, clearing the way for 6.5 million.

The New York City Council’s zoning subcommittee on Thursday approved an ordinance that would rezone 78 blocks between East 39th and East 57th streets to allow for bigger and taller buildings.

City Council Unanimously Approves East Midtown Rezoning. New York City Council approved the East Midtown rezoning plan by a 42-0 margin at its session on Wednesday.. pave the way for a new.

In December 2009, the New York City Council approved Related Companies’ revised plan for Hudson Yards, and the western portion of the West Side Yard was rezoned. Following the rail yards’ successful rezoning, the MTA signed another 99-year lease to the air rights over the rail yard in May 2010.

East Midtown Rezoning Plan: What You Need to Know. City planning commission approves east midtown Rezoning. DCP has identified 16 sites that could potentially sprout new towers in the next.

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Bloomberg says his plan, if approved by the City Council. towers have been built, with many more on the way. In July 2013, it was announced that Time Warner may move its Midtown headquarters to a.