State Budget Approves Elimination of 12 FAR Cap in New York City | Kramer Levin Naftalis & Frankel LLP

The New York State FY 2025 budget legislation enacted on April 20th included an important and long-awaited housing reform for New York City: elimination of the “12 FAR” cap for...

Related Keywords

New York ,United States , ,Empire State Development Corporation ,New York State ,New York City ,Multiple Dwelling Law ,New York City Zoning ,Uniform Land Use Review Procedure ,Mandatory Inclusionary Housing ,Housing Opportunity ,Zoning Resolution ,Area Median ,