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

Updated Midtown South Rezoning Would Create Nearly 10,000 Apartments

A housing plan that would enable nearly 10,000 apartments to be developed in a 42-block swath of Midtown South was unveiled by the New York City Department of Planning (DCP). The city’s revised proposal for rezoning Midtown South more than doubles the original complement of 4,000 units to 9,700, including 2,800 that would be permanently income restricted.

The plan maps new, high-density residential zoning districts with floor area ratios (FARs) of 15 and 18, enabled by the recent repeal of New York State’s “outdated” 12 FAR cap on housing, according to DCP. 

“With action in Albany, we’re moving quickly to put new zoning tools to work to deliver more of the homes that New Yorkers urgently need, while fostering a vibrant mix of commercial, manufacturing, and residential uses,” said DCP Director Dan Garodnick.

DCP hopes to submit the plan for public review by the start of 2025, according to published reports.

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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).

  • ◦Development
  • ◦Policy/Gov't
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