The updated Midtown South Mixed Use (MSMX) plan aims to create nearly 10,000 new homes, including nearly 3,000 permanently income-restricted units across 42 Manhattan blocks.
With the repeal of New York State's 12 FAR cap on housing, city officials believe it's possible to build a vibrant, mixed-use neighborhood with housing opportunities.
DCP director Dan Garodnick emphasized the need for more housing in Midtown South, stating that the area is well-positioned for such development due to its transit and job richness.
This initiative is part of Mayor Eric Adams' City of Yes campaign, designed to balance commercial growth with the urgent need for affordable housing in New York City.
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