The rezoning initiative in Midtown South proposes to create two new zoning districts allowing residential space development significantly larger than current limits, potentially yielding 9,700 units, with 2,800 designated as below-market-rate. Support from key figures like Manhattan Borough President Mark Levine contrasts with opposition from local Community Board 4, demonstrating a division over the proposed height increases and density. This rezoning reflects broader efforts under the City of Yes for Housing Opportunity initiative, aiming to address Manhattan's critical housing shortage in a transit-rich area.
If we can't do it in a dense, busy, transit-rich part of Midtown, where can we do it?
The city to create new districts that permit FARs of 15 and 18 as part of the City of Yes for Housing Opportunity initiative.
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