to change state and city zoning laws to allow for more flexibility to convert office space into living areas. Overall, the effort, according to the city, is to ease the possible conversion of an additional 136 million square feet of office space into residences.
Allowing for the most flexible regulations for conversion to residential use out of office buildings built through 1961 to those built through 1990; Finding opportunities to allow housing, whether through conversions or new construction, in a central, high-density part of Midtown that presently bans residential development;Providing flexibility for offices to convert all existing space into housing;
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: