New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
SoHo/NoHo Rezoning Moves into Public Review
The SoHo/NoHo Neighborhood Plan will advance into the city’s public land use review process, Mayor Bill de Blasio said Wednesday. The proposal intends to offer greater flexibility for ground-floor use by businesses and arts and cultural organizations, while incentivizing creation of new permanently affordable homes.
The changes would cover an area generally bounded by Canal Street to the south, Houston Street and Astor Place to the north, Lafayette Street and the Bowery to the east, and Sixth Avenue and West Broadway to the west. The area’s current zoning districts date to the early 1970s.
“New York City has changed a lot in the last 50 years, and SoHo and NoHo have changed with it,” said de Blasio. “Thoughtful, progressive zoning changes will pave the way for the next 50 years of growth – while making two iconic neighborhoods more accessible than ever, and helping us rebuild a fairer and better city.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
