Work halts at NYC condo tower after council rules it's too tall
New zoning designation requires builders to spread their new buildings wider, rather than higher
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
WORKERS building a Manhattan condo tower were in the middle of pouring concrete last Thursday afternoon when the city's building department came to shut everything down.
Fifteen minutes earlier, the New York City Council voted to rezone the neighbourhood along the East River where the Sutton 58 development is located, capping the height of all new buildings in the area. Gamma Real Estate's project, slated to rise 799 feet, was suddenly illegal.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?