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Tips For Negotiating Air Rights In NYC

By Kaitlin Ugolik (February 25, 2013, 9:33 PM EST) -- Demand for new housing in New York has made transferable development rights, or "air rights," a hot commodity in recent months, but zoning attorneys warn of a variety of pitfalls that come along with "buying air," from hidden building code rules to rezoning efforts that could render the rights useless....

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