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City Council Approves Midtown South Rezoning to Build Nearly 10,000 Homes

Council members paired office conversions with $450 million in community investments, including a new busway on 34th Street.

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.