City Council approves Midtown South rezoning
Midtown South is officially getting a makeover. City Council on Thursday unanimously approved the Midtown South Mixed-Use Plan, which rezones 42 blocks in the Midtown neighborhood for housing development. The rezoning is expected to net 9,535 housing units, with 2,842 set aside as affordable, making it the city’s largest residential rezoning in 20 years. “New Yorkers are facing a city-wide housing crisis,” said Council Speaker Adrienne Adams. “We must confront it by advancing housing solutions and creating more homes with a focus on affordability.” The rezoning creates two new high-density residential districts that require Mandatory Inclusionary Housing and also allow […]
This article originally appeared on The Real Deal. Click here to read the full story.
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