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Old Posted Jun 22, 2016, 4:23 PM
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NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
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Sorry folks. Maybe next time.

http://therealdeal.com/2016/06/22/bi...ils-in-albany/

Bill to remove building height restrictions fails in Albany
Measure could be resurrected in next legislative session


June 22, 2016


Quote:
A state bill that would have lifted height restrictions on new development across much of New York City won’t be passed in Albany this legislative session.

The bill, introduced by Harlem Assembly member Keith Wright and state Sen. Simcha Felder, would have allowed developers to build significantly taller than currently allowed under zoning rules by removing restrictions on a building’s floor-area ratio, or FAR.

“Despite being killed this session, many expect it to be resurrected during the next legislative session,” the residents’ advocacy group Brooklyn Heights Association said in a statement cited by the Brooklyn Eagle.

The bill is backed by Mayor Bill de Blasio, who hopes it can boost his push to create or preserve 200,000 affordable housing units by 2025.
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