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NYC Council approves Midtown rezoning, paving way for new towers

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May 8, 2019, New York, NY: The New York City council today approved JPMorgan’s new headquarters as the first site to utilize the City’s East Midtown Rezoning. City Council Member Keith Powers led negotiations for improvements at the 270 Park Avenue site, which will result in thousands of new construction jobs for New York City and.

DCP is proposing a zoning text amendment and map change for the Greater East Midtown neighborhood. The proposal would permit higher as-of-right densities for new state-of-the-art office building construction in order to ensure that East Midtown remains a highly competitive business district. New development would facilitate public realm improvements and the preservation of area landmarks

The rezoning plan for Manhattan’s Greater East Midtown district is now in effect, after New York City Council’s unanimous approval. The regulations cover 78 blocks and are primarily focused on.

The New York City Council voted to rezone about 78 blocks of east Midtown Manhattan, enabling an aging building stock to be replaced by newer, larger and taller office towers. The proposal, recommended last month by council subcommittees, was approved Wednesday by a 42-0 vote.

The East Midtown rezoning, for instance, was in the pipeline in different iterations for several years before being approved by the City Council. new school, and a career center to help those.

Skyline of East Midtown. Overview. The Department of City Planning is proposing a rezoning of East Midtown, a 73-block area surrounding Grand Central Terminal. The purpose of the rezoning is to ensure the area’s future as a world-class business district and major job generator for New York City.

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The City Council approved JP Morgan Chase's plans Wednesday for a soaring 70-story tower to replace the Union Carbide Building in East Midtown.. to this East Midtown rezoning, which was about making East Midtown continue to be a transit rich business district,”. Next Up In NYC Development News.