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New York & Tri-State  + Midtown New York  + Apartments  | 

City Council Approves Midtown South Rezoning to Add 9,500 Housing Units

The New York City Council on Thursday approved the Midtown South Mixed-Use Plan, the largest residential neighborhood rezoning plan in two decades that is slated to create more than 9,500 new housing units. The plan includes over $448 million in community and infrastructure investments for the Midtown South area.

“To confront the citywide housing and affordability crisis, our city must build more homes and invest in housing solutions that allow generations of New Yorkers to remain in this city,” said Speaker Adrienne Adams. “The Council is proud to approve the historic Midtown South Mixed-Use Plan, as well as other housing projects, that will deliver over 10,000 new homes.”  

Of the more than 9,500 units of housing, over 2,800 will be permanently affordable under the new zoning. The $448 million in community benefits and infrastructure improvements to the Midtown South area includes commitments for over $120 million in economic development resources to support the Garment District’s fashion and garment industry businesses.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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