which areas on this map are unused
Answers
Answer:
In which map..?
Please pin tht map n send...
Answer:
For NYC developers, the air in the Big Apple may soon become almost as valuable as the land. With land prices going up and not too much space to build horizontally, the right to build vertically has gotten a lot of attention lately and will continue to do so especially if the law governing the transferable development rights becomes more flexible.
In NYC real estate, the total number of square feet allowed to be built on a certain lot is regulated by the zoning law. With many areas still underbuilt, it seems that there are still millions of square feet hanging up in the air which developers can use for their projects. Where exactly are those areas located?
If you take a look at our Air Rights map you’ll see which areas present the biggest opportunities for upward development right now — look for the dark red and yellow patches. You’ll find that many areas where real estate prices have been soaring for several years — parts of Lower Manhattan, Harlem, and North Brooklyn — have unused air rights.
Click on the map to check out the development opportunities in your area of interest: