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Midtown Gets 9,500+ New Homes, 34th Street Busway With City Council Vote
The rezoning lifts caps on residential density and includes tax incentives for office conversions, enabling over 3,000 affordable homes, officials said.
- On Thursday, the New York City Council unanimously approved the Midtown South Mixed-Use Plan, rezoning 42 blocks in the Manhattan neighborhood.
- Under the City of Yes for Housing Opportunity initiative passed last December, Mayor Eric Adams's rezoning enabled two high-density residential districts by raising the residential floor area ratio cap from 12 to 15 and 18.
- According to the plan, the rezoning is expected to net 9,535 housing units, with 2,842 set aside as affordable, in the city's largest residential rezoning in 20 years.
- Following council approval, the rezoning goes to Mayor Eric Adams, who has 30 days to approve or veto the bill or let it become law if he takes no action.
- Supporters believe the plan’s success may pave the way for future rezonings in other high-density districts, with Manhattan Borough President Mark Levine identifying opportunities for up to 70,000 additional units.
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Leaning Left4Leaning Right0Center4Last UpdatedBias Distribution50% Left, 50% Center
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- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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