4 ms·
So we should probably start a crowdfunding venture to purchase air rights around 14th street.
by padobson 11y ago
So we should probably start a crowdfunding venture to purchase air rights around 14th street.
- potatolicious 11y agoIt might be more useful to crowdfund lobbying for upzoning instead - if you've bought a bunch of air rights around 14th St and the city upzones the whole area those air rights won't be worth so much...
- epc 11y agoWith a few exceptions, air rights can only be transferred to contiguous parcels (the two exceptions in Manhattan that I know of are the "Special West Chelsea Air Rights District" and the midtown rezoning around Grand Central). Curious quirk of NYC real estate: as valuable as air rights are, the City has no formal process to track them other than through the building permit process. There isn't an "air rights" database for example.