91-65 - Addition of Development Rights to Receiving Lots

LAST AMENDED
2/2/2011


Within the South Street Seaport Subdistrict, all or any portion of the #development rights# transferred from a #granting lot#
may be added to the #floor area# of all or any one of the #receiving lots# in an amount not to exceed the ratio of 10 square feet of
#development rights# to each square foot of #lot area# of such #receiving lot#, except that with respect to a #receiving lot#
having a #lot area# of less than 30,000 square feet, the total #floor area ratio# shall not exceed 21.6. However, if a #receiving lot#
is located in a C4-6 District, the total #floor area ratio# shall not exceed 3.4 and if a #receiving lot# is located in a C6-2A District,
the total #floor area ratio# shall not exceed 8.02. #Development rights# transferred to a #receiving lot# may be applied to a
#mixed building# to increase the #floor area# of the #residential#, #commercial# and/or #community facility# portions of such
#building# so that the maximum #floor area# for such #building# may be increased by the aggregate of #development rights# so
transferred. In no event shall the #residential# #floor area ratio# exceed 12.0.

The City Planning Commission shall certify that any #zoning lot# that utilizes such transferred #development rights# conforms
to this Section and, for those #receiving lots# within the Urban Renewal Area, to the regulations and controls of the Urban
Renewal Plan.