Rejuvenating Midtown

With plans for air rights transfers in Midtown, New York lays the ground for next generation of builders. Sherry Hsieh reports. New York’s Department of City Planning’s proposed rezoning of Midtown East, a 73-block area around Grand Central Station, includes the possible release of roughly four million square feet of air rights. The hope is…


With plans for air rights transfers in Midtown, New York lays the ground for next generation of builders. Sherry Hsieh reports. New York’s Department of City Planning’s proposed rezoning of Midtown East, a 73-block area around Grand Central Station, includes the possible release of roughly four million square feet of