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In the districts indicated, for buildings containing multiple dwelling residences, floor space allocated to building amenities, corridors, refuse storage or disposal, or access to elevated ground floor dwelling units may be exempted from the definition of floor area pursuant to Section 12-10, provided that the provisions of this Section, inclusive, are met. 

Such provisions may be applied to buildings developed after December 5, 2024, and to existing buildings where, after December 5, 2024, an enlargement, extension, conversion or other alteration results in newly created or altered floor space that conforms with such specific provisions of this Section, inclusive.