Third%20and%20Fourth%20Avenue%20Rezoning%20Study%20Area

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Third and Fourth Avenue Rezoning Study Area

• 197 Plan Task Force Meeting
• March 19, 2007

Mike Davis CB 3 Fellow mdd273_at_nyu.edu
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Study Area Boundaries
Current Zoning C6-1
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Conformance Data

• 70 total lots
• 37.1 Residential/Commercial
• 25.7 Residential
• 17.1 Commercial
• 11.4 Community Facility
• 8.6 Industrial

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Current and Proposed Zoning

• Current Zoning
• C6-1 Commercial FAR6.0, Residential
  .87-3.44, no height limit.
• Proposed Zoning
• 1) C1-6A (R7A) Commercial FAR2.0,
  Residential4.0, 80 ft height limit.
• 2) C4-5X (R7X) Commercial FAR4.0,
• Residential5.0, 125 ft height limit.
• 3) C6-2A (R8A) Commercial FAR6.0,
• Residential6.02, 120 ft height limit.

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Soft Site Analysis

• Block 558
• -11 lots under 50 allowable FAR
• Block 556
• -10 lots under 50 allowable FAR
• Block 555
• -7 lots under 50 allowable FAR

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Existing Conditions Corner of 3rd Ave and 12th
St.
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Development Potential Under Current Zoning
Transient Hotel
-Demolish 2 buildings on lot 59 to build out
site and obtain air rights from lot
68. -Motivation to build Tower in the Park
and set back from street. -Thirteen stories as
modeled, however, could reach 210 ft before
penetrating sky exposure plane.
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Development Potential Under Proposed Zoning
Transient Hotel
-Five to six stories as modeled under proposed
zoning compared to 13 stories or 210 ft under
current zoning. -Worst case is that transient
hotel reaches 80 feet under proposed zoning.