The maximum floor area ratio permitted for a community facility use pursuant to Article IV, Chapter 3, shall not apply. In lieu thereof, the maximum floor area ratio permitted for a community facility use shall be the maximum floor area ratio allowed for a community facility use pursuant to the designated Residence District regulations set forth in Section 24-10 (FLOOR AREA AND LOT COVERAGE REGULATIONS), inclusive. 

On waterfront blocks, as defined in Section 62-11, the applicable provisions of 62-32 (Floor Area Regulations on Waterfront Blocks), inclusive, shall apply.