Bloomberg Continues to Push for Midtown East Rezoning
Thu, 22 Aug 2013 | Written by Corporate Suites Staff
New York City Mayor Michael Bloomberg, in a recent weekly radio address, once again called for the city to rezone Midtown East to allow for new development of more modern office space. Allowing new construction in the area would help relieve traffic congestion around Grand Central Station and would help the neighborhood develop a competitive edge with other growing parts of Manhattan, especially in the availability of Midtown office space, he said. TheRealDeal.com recently reported Bloomberg's push to rezone the area. Currently no new office buildings can be built in Midtown East. If Bloomberg gets his way, the rezoning would allow a limited amount of modern office space development. New office space in New York, especially in Midtown, continues to be difficult to find.