Overview
- Zoning changes across 42 blocks between West 23rd and 40th streets now allow almost 10,000 new apartments, of which roughly 3,000 will be permanently affordable.
- The agreement allocates about $450 million for community and infrastructure improvements with over $120 million targeted at supporting Garment District manufacturers.
- A car-free busway on 34th Street is set to speed MTA buses while pedestrian and bike upgrades will expand car-free space on Broadway.
- The Landmarks Preservation Commission designated five Midtown buildings as protected to maintain architectural heritage during redevelopment.
- Garment industry stakeholders voiced fears of displacement even as the plan establishes a CFDA fund to aid local designers and manufacturers.