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What is NYC ZR § 74-943?

Quick Answer

This section allows the City Planning Commission to increase the maximum floor area ratio on zoning lots within Industrial Business Incentive Areas based on specific criteria. The increase is contingent upon the inclusion of required industrial uses and incentive uses, impacting property developers in these designated areas.

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

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§ 74-943 Permitted floor area increase

ZR § 74-943

In Industrial Business Incentive Areas, the City Planning Commission may increase the maximum floor area ratio on a zoning lot in accordance with the Table in this Section.

For developments or enlargements in the district indicated in Column A, for each square foot of required industrial uses, the base maximum floor area ratio on a zoning lot, set forth in Column B may be increased by 3.5 square feet up to the maximum floor area ratio for all uses on the zoning lot as set forth in Column E, provided that such increase in floor area is occupied by required industrial uses and incentive uses up to the maximum floor area ratio set forth in Column C (Maximum Additional Floor Area Ratio for Required Industrial Uses), and Column D (Maximum Additional Floor Area Ratio for Incentive Uses), respectively. In no event shall such development or enlargement include a transient hotel.

FLOOR AREA INCREASE PERMITTED IN INDUSTRIAL BUSINESS INCENTIVE AREAS

A

B

C

D

E

District

Base Maximum Floor Area Ratio

Maximum Additional Floor Area Ratio for Required Industrial Uses

Maximum Additional Floor Area Ratio for Incentive Uses

Maximum Floor Area Ratio for All Uses

M1-2

2.0

0.8

4.8

M1-4

1.3

3.2

6.5

Applications for such floor area increases are eligible for modifications set forth in Section 74-944 (Modifications in conjunction with a floor area increase), and are subject to the conditions set forth in Section 74-945 and findings set forth in Section 74-946.

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