NYC Midtown

A Bloomberg-era plan to rezone a large portion of East Midtown was pulled in the last days of the mayor’s last term. There had been a wide consensus on the need to upgrade the old and outdated office buildings in East Midtown, but twice as much controversy over how much to value the new buildable area created.

A Bloomberg-era plan to rezone a large portion of East Midtown was pulled in the last days of the mayor’s last term. There had been a wide consensus on the need to upgrade the old and outdated office buildings in East Midtown, but twice as much controversy over how much to value the new buildable area created.