Moinian pursues major rezoning for Upper East Side project

Queensboro Bridge commuters could soon be driving towards a 354-unit complex on the Manhattan side of the road. The Moinian Group filed a rezoning application with the Department of City Planning for 1097 First Avenue, Crain’s reported. The zoning changes for the 17,500-square-foot site would allow for a 39-story development at the Upper East Side parcel. The proposal calls for a 316,000-square-foot project with 4,400 square feet of retail space. The residential space would feature 354 units, 25 percent of which would be set aside for those who earn an average of 60 percent of the area median income. The […] This article originally appeared on The Real Deal. Click here to read the full story.