Midtown Manhattan faces a housing shortage, largely because new housing developments are restricted by zoning laws established in 1961. The New York City Zoning Resolution splits the city into various districts, and significant portions of midtown are classified as Manufacturing Districts. These zones prevent the creation of new residential buildings to maintain the area's commercial activities, stemming from historical reliance on garment manufacturing. Although recent initiatives like the 'City of Yes for Housing Opportunity' aim to promote conversions of office spaces to residences, significant zoning restrictions remain in place.
...the heart of Manhattan is actually a desirable place to live, work, and play... It has ample public transportation and is close to many jobs, services and attractions.
Land use in New York City is controlled by the New York City Zoning Resolution... A property's zoning district determines what uses...may be built on a property.
When the Zoning Resolution was first enacted in 1961, large areas of midtown were zoned as Manufacturing Districts... to stabilize the declining garment manufacturing.
...within these Manufacturing Districts, with limited exceptions, no new housing can be created, despite the recent enactment of City of Yes for Housing Opportunity.
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