News | October 8, 2012

Haute 100 NY Update: Michael Bloomberg Looks To Reshape Midtown Skyline

News | October 8, 2012

Michael Bloomberg’s protracted mayoral stint will (most likely) end in 14 months, but his stamp on the city will be visible for decades. The mayor’s latest legacy move doesn’t involve salt, nicotine or big gulp sodas, but arguably the most city’s most iconic landmark : the midtown skyline.

Worried that New York’s development is lagging behind Hong Kong’s and London while being hampered by zoning restrictions and bureaucratic red tape, Bloomberg has proposed a dramatic rewriting of building rules that would let skyscrapers climb to up to twice their current heights.

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