NYC Zoning Resolution

§ 73-624 — Modification of Affordable Housing Fund payment options in the SoHo NoHo Mixed Use District and the Special Midtown South Mixed Use District

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What is NYC ZR § 73-624?

Quick Answer

This section allows for modifications to affordable housing fund payment options in the Special SoHo-NoHo and Special Midtown South Mixed Use Districts for certain building conversions. The Board of Standards and Appeals can permit contributions to the affordable housing fund under specific conditions, with input from the Department of Housing Preservation and Development. Applies to building owners converting non-residential buildings to residential use prior to December 15, 2021.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 73-624 Modification of Affordable Housing Fund payment options in the SoHo NoHo Mixed Use District and the Special Midtown South Mixed Use District

ZR § 73-624

Within the Special SoHo-NoHo Mixed Use District and the Special Midtown South Mixed Use District, for conversions from non-residential to residential use in buildings existing prior to December 15, 2021, that are not otherwise subject to paragraph (a)(3)(v) of Section 27-131 (Mandatory Inclusionary Housing), the Board of Standards and Appeals may permit a contribution to the affordable housing fund pursuant to such paragraph to satisfy the requirements of paragraph (a)(3), inclusive, of such Section, provided that the Board finds that:

the configuration of the building imposes constraints, including, but not limited to, deep, narrow or otherwise irregular building floorplates, limited opportunities to locate legally required windows, or pre-existing locations of vertical circulation or structural column systems, that would create practical difficulties in reasonably configuring the required affordable floor area into a range of apartment sizes and bedroom mixes serving a number of lower-income residents comparable to what such quantity of affordable floor area would serve in a more typical configuration, pursuant to the guidelines of the Inclusionary Housing Program. Before the Board issues a final determination on any application made pursuant to this Section, the Department of Housing Preservation and Development shall submit comment or appear before the Board regarding this finding;

the practical difficulties existed on December 15, 2021.

For the purposes of this Section, defined terms include those set forth in Sections 12-10 and 27-11.

A copy of each application to the Board for a special permit under the provisions of this Section shall be provided by the applicant to the Department of Housing Preservation and Development concurrently with its submission to the Board.

The Board may prescribe such conditions and safeguards as it deems necessary to minimize adverse effects upon the surrounding area and the community at large.

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