The City Council approved today a proposed rezoning of the Lower East Side, putting in height limits for new buildings throughout the area.
The Bloomberg administration has pushed the rezoning as necessary to both boost the amount of below-market rate housing in the neighborhood and to scale back the incidences of skinny skyscrapers that have popped up. The rezoning, which covered 111 blocks, generally keeps densities similar to those that exist currently, increasing them in some spots, though it establishes height caps of up to 80 and 120 feet.
The city estimates the rezoning would allow for 1,670 new apartments in the area, 560 of which would be below-market rate. read more »
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