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What is NYC ZR § 121-342?

Quick Answer

This section outlines the application of development rights transfer for zoning lots adjacent to the Theater Subdistrict within the Special Midtown District. It references Section 81-744, which defines the process for receiving sites. Applies to property owners in the Theater Subdistrict vicinity.

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

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§ 121-342 Transfer of development rights from Theater Subdistrict

ZR § 121-342

For zoning lots abutting the Theater Subdistrict of the Special Midtown District, the boundaries for which are shown in Map 1 of Appendix A of Article VIII Chapter 1, the provisions of Section 81-744 (Transfer of development rights from listed theaters) may be applied and such zoning lots may be “receiving sites” as defined in such section.

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