May 30, 2019
NYC Council votes to close mechanical void loophole
The New York City Council on Wednesday voted to close a zoning loophole that has allowed developers to fill multiple floors of a tower with mechanical equipment without counting the floors as part of the building. The so-called mechanical void loophole enabled taller residential towers, and therefore higher, more expensive units, without actually creating more housing. The amendment approved by the Council will count mechanical voids taller than 25 feet as zoning floor area, as Crain's reported.
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