NYC Council approves Midtown rezoning, paving way for new towers

NYC Council approves Midtown rezoning, paving way for new towers

The City Planning Commission approved on Monday SL Green Realty's proposal for its One Vanderbilt office tower and the rezoning of five blocks nearby.. New York. 1.6 million square foot office tower in the heart of Midtown East.. The De Blasio plan paved the way for SL Green's tower, which was.

The vote today validates Chase's commitment to New York City as our global. ” JPMorgan's development shows that the East Midtown Rezoning plan is not. energy efficient tower in the heart of Manhattan,” said Kyle Bragg, will activate Madison Avenue in a way never before seen,” said Fred Cerullo,

In a unanimous verdict, the New York City Council approved the rezoning of Midtown East to usher in a new era of modern office development.

N.Y. City Council approves Midtown East rezoning. New York’s City Council unanimously approved a rezoning plan for the greater east midtown neighborhood surrounding Grand Central Terminal.

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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.

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.

After five arduous years, New York City’s Midtown East rezoning proposal cleared City Council today, paving the way for new office towers to rise in the neighborhood. The proposal, approved 42-0.

The New York City Council voted to rezone about 78 blocks of east midtown Manhattan, enabling an aging building stock to be replaced by newer, larger and taller office towers.

New York City has undertaken a number of significant rezoning efforts in recent years. The latest change received City Council approval on August 9, 2017, the rezoning of a section of Midtown Manhattan known as East Midtown.The amendment of the Zoning Resolution of the City of New York is intended to encourage development in a major business center.

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