New York City Council
Sizing Up New York City’s Far-Reaching Climate Bill
Real estate investors, developers and advisers are assessing the legislation, which is being praised for its boldness and criticized for focusing on large and medium-sized properties.
Midtown East Rezoning: Not for the Faint-Hearted
The new plans approved by the New York City Council allow the construction of modern office space, reduce challenges for redevelopments and aim at upgrading the area’s transit and pedestrian infrastructure. Still, experts say only sophisticated developers will be able to take advantage of the approved regulations.