NYC Panel OKs Midtown Rezoning, Gooses Some Projects

Law360, New York (September 30, 2013, 7:29 PM EDT) -- The plan to rezone Manhattan's midtown east district to allow for taller buildings passed its penultimate test Monday when the City Planning Commission gave it the green light following the last-minute addition of a provision that would give some developers a head start on building in the area.

Clearing the last hurdle before the City Council will make a final determination, the controversial plan got unanimous approval from the Planning Commission on Monday.

The plan aims to rezone the area roughly bounded by 39th and 57th...
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