Published: July 18, 2013 – By DANIEL GEIGER
The city’s planning department released an amended version of its sweeping midtown east rezoning plan on Thursday in an effort to address some of the concerns of a growing number of critics.
Prominent among the changes, is a proposal to allow residential units to take up to 20% of the space in the new generation of state-of-the-art office skyscrapers that the rezoning plan is designed to entice developers to erect. Developers could add even more residential units to a project, up to 40% of the new space that is built on a site, if they receive a special permit. The opportunity to build housing units will likely be an alluring option
for developers of a new wave of major mixed-use towers on what have been predominantly commercial avenues.