81-63

Special Floor Area Provisions for the Vanderbilt Corridor Subarea

For non-residential buildings or mixed buildings in the Vanderbilt Corridor Subarea of the East Midtown Subdistrict, as shown on Map 2 (East Midtown Subdistrict and Subareas) in Appendix A of this Chapter, the basic maximum floor area ratios of the underlying districts shall apply as set forth in this Section. Such basic maximum floor area ratio on any zoning lot may be increased by bonuses or other floor area allowances only in accordance with the provisions of this Chapter, and the maximum floor area ratio with such additional floor area allowances shall in no event exceed the amount set forth for each underlying district in the following table:

Means for Achieving Permitted FAR Levels on a Zoning Lot in the Vanderbilt Corridor Subarea

Maximum Floor Area Ratio (FAR)

A.Basic Maximum FAR

15

B. Maximum Floor Area Allowances: (District-wide Incentives), Mass transit station improvements (Section 66-51)

3.0

C. Maximum FAR of Lots Involving Landmarks:

 Maximum FAR of a lot containing non bonusable landmark (Section 74-711 or as-of-right)

15.0

Development rights (FAR) of a landmark lot for transfer purposes (Section 74-79)

15.0

 Maximum amount of transferable development rights (FAR) from a landmark zoning lot that may be utilized on:

(a) an adjacent lot (Section 74-79)

No Limit

(b) a receiving lot (Section 81-632)

15.0

D. Maximum Floor Area Allowances by Special Permit for Grand Central public realm improvements (Section 81-633)

15.0

E. Maximum Total FAR of a Lot with Transferred Development Rights on receiving lots (Section 81-632) or District-wide Incentives (including Section 81-633)

30.0

F. Maximum Total FAR of a Lot with Transferred Development Rights on an adjacent lot(Section 74-79) or District-wide Incentives (other than Section 81-633)

No Limit

Any transfer of development rights from a landmark site may be made pursuant to either Section 74-79 or Section 81-632 (Special permit for transfer of development rights from landmarks to the Vanderbilt Corridor Subarea), but not both.

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