Update: City of Yes – Zoning for Housing Opportunity

As Crain's is reporting, and our contacts at the City Council are confirming, "City of Yes for Housing Opportunity," which will include the most broad sweeping zoning changes since the adoption of the current Zoning Resolution in 1961, is poised to be adopted in the coming weeks.

City of Yes will relax several density regulations for housing development in medium and higher-density areas of the City, will allow for the reuse of scores of underutilized office towers and will adjust or eliminate parking requirements in many communities.

While the Administration's full plan will be modified – particularly in lower-density neighborhoods – the vast majority of the plan will likely be made law.

Please see our previous alert City of Yes – Proposed Zoning Change to Promote Additional Housing Development, for additional information and reach out to the Land Use & Zoning Team with any questions.

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For more information on this issue or other land use & zoning matters, please contact:

Mitchell A. Korbey at +1 212 592 1483 or [email protected]
Robert Huberman at +1 212 592 1592 or[email protected]
Vinh Van Vo at +1 212 592 1588 or [email protected]

© 2024 Herrick, Feinstein LLP. This alert is provided by Herrick, Feinstein LLP to keep its clients and other interested parties informed of current legal developments that may affect or otherwise be of interest to them. The information is not intended as legal advice or legal opinion and should not be construed as such.