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Developers Eyeing Midtown East Projects, But Face Hurdles

Law360 (February 23, 2018, 1:26 PM EST) -- Questions abounded as to how developers would react after New York City last year finalized plans to rezone dozens of blocks in Midtown East, but several recently announced projects have lawyers saying the area could see a surge of development activity — although challenges remain.

JPMorgan Chase said earlier this week it plans to demolish its headquarters there and build a new 70-story building, and the city also recently said it had reached a deal to create a pedestrian plaza at Pershing Square East.

And those...
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