Small lot development - Part 3
Development in NYC is tough! There are always multiple developers chasing the same deals with you. There are existing tenants and neighbors that you need to handle. There are community and activist groups that could rally against your project. And there are a number of city agencies (DOF, LPC, HPD, DOB, DOT, DEP, FDNY, etc.) that you have to deal with. On top of all that, there are so many codes that the development must comply with, such as NYS Multiple Dwelling Law, NYC Zoning Resolution, NYC Construction Codes (Building/Energy/Fuel Gas/Mechanical/Plumbing), NYC Fire Code, NYC Housing Maintenance Code, etc. Development in small lots, particularly old brownstones, also faces many unique challenges. So I want to share some of these challenges based on lessons (some were costly!) that I learned from my own experience. Air rights Small lots are usually located in R6, R6A, R7-2, and R7A zoning districts, which come with 2.2, 3.0, 3.44, and 4.0 FAR, respectively. Using a 18-ft ...