81-212

Special provisions for transfer of development rights from landmark sites

In the Special Midtown District, a transfer of development rights from granting lots to receiving lots within the surrounding area, as defined in Section 75-421 (Definitions), shall be permitted in accordance with the provisions of this Section.

  1. For the purposes of applying the term surrounding area, as set forth in Section 75-421 (Definitions), the provisions pertaining to Commercial Districts where the maximum floor area ratio for commercial uses is 15.0 shall also apply to zoning lots in C6-5.5, C6-6.5 or C6-7T Districts.
  2. Except in the East Midtown Subdistrict and Theater Subdistrict, the transfer of development rights shall be permitted in accordance with the provisions of Section 75-42 (Transfer of Development Rights from Landmarks). However, the provisions of paragraph (a) of Section 75-422 (Certification to transfer development rights from landmarks) shall be subject to the restrictions set forth in the table in Section 81-211 (Maximum floor area ratio for non-residential or mixed buildings) for the development rights (FAR) of a landmark granting lot, as defined in Section 75-421, for transfer purposes. Wherever there is an inconsistency between any provision in Section 75-42 and the table in Section 81-211, the table in Section 81-211 shall apply.
  3. Within the East Midtown Subdistrict and Theater Subdistrict, the transfer of development rights may be granted in accordance with the provisions of Section 81-213 (Special provisions for transfer of development rights from landmark sites in certain areas).
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