“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Still not clear what will rise on these two lots. Residential or office?
OCTOBER 8, 2023
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__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
[QUOTE=NYguy;10058602]Still not clear what will rise on these two lots. Residential or office? [QUOTE]
Do you think that this might be a condo/hotel? I assumed that they’d want to build an office due to the zoning. Personally, I’d rather see a hotel/condo.
The zoning is heavily in favor of office, if they want to use Midtown East zoning and build to the full FAR. But we’ve seen smaller towers, such as 415 Madison, planned.
Residential space can be no more than 20% of a development under current zoning.
MAY 4, 2024
__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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