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by allturtles
1876 days ago
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> There is no city in the US today where you could build something as tall as the Empire State Building as of right I'm not sure what you mean by that. 6 buildings taller than the ESB have been completed in NYC since 2014, mostly residential towers of the sort described in the OP. https://en.wikipedia.org/wiki/List_of_tallest_buildings_in_N... |
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Nearly all tall buildings in New York these days are legally built through assembling "air rights." Zoning has predetermined height/FAR limits for all lots, but in certain areas it is possible to sell currently unused rights and transfer them to the owner of another lot. This allows some developers to build taller but keeps overall neighborhood square footage around a prescribed limit. This way, you can build a spiky tower or two here and there on Billionaire's Row (the general name for the area) but the street cannot become a wall of them.
More info on air rights: https://streeteasy.com/blog/what-are-nyc-air-rights-all-abou...