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Thursday / October 18.
HomePosts Tagged "Development"

In a ringing defeat for neighborhoods, the Department of Buildings recently dismissed a challenge to a blatant zoning ruse at 62nd and Second Avenue – building luxury megatowers using floors of near-empty space. Cashing in on the use of these “stilts” or mechanical voids to boost building heights is a new trend in New York City development, maybe most notably flaunted at 432 Park Avenue (yes, that one). But after a near year-long fight, the decision has set off a fever pitch of alarm for preservationists and elected officials worried about whether the city has rubber-stamped a loophole.