The state Senate has put legislation into the budget bill it recently passed that would eliminate the maximum floor-area ratio for residential projects. The move would get rid of the rule that bars residential towers in New York City from exceeding more than 12 times their lot size, leading to more tall buildings on city streets, according to Crain’s. Some planners support the idea as a solution to New York’s affordability crisis, as the move […]
source https://therealdeal.com/2018/03/27/state-senate-wants-more-nyc-residential-towers/
No comments:
Post a Comment