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Inclusionary Zoning Denied in Tribeca

  NORTH TRIBECA REZONING  
  MANHATTAN COMMUNITY DISTRICT 01  
July 31, 2009
Downtown Express

Community Board 1 denied inclusionary zoning in northwestern Tribeca because they did not want developers to be able to build up to 120 feet tall. The inclusionary housing zone would have allowed developers to build higher buildings if 20 percent of new space would be dedicated to affordable housing. Instead of northwestern Tribeca, the community board decided to place inclusionary housing zone near Holland Tunnel, which the City claims will be ineffective due to poor development sites.