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Inwood/Sherman Creek Waterfront RezoningRSS

The Department of City Planning announced its intention to rezone a large swath of industrial land in Northern Manhattan, bounded by Broadway, the Harlem River, Dyckman Street and 207th Street. The new proposal would allow residential buildings, and permit increased bulk for developments containing at least twenty percent affordable housing. The local community board has argued for an even higher affordable housing requirement, closer to Williamsburg/Greenpoint's thirty percent, but DCP officials say that a lower threshold is needed to lure developers into what is now considered undesirable land. The city hopes that five new parks slated for construction along the waterfront will also help to raise the neighborhood's profile.

Rezoning Proposed in Bronx along Harlem River

The Department of City Planning is considering a rezoning of a tract of land in the Bronx along the Harlem River that would change the zoning from industrial to permit residential and retail development. The plan, which would bring high-rise buildings to the area, also requires developers to set aside 20% of their units as affordable. While the Department of City Planning is conducting an environmental review of the area, the city's Parks Department has already begun construction of five small-scale parks at the ends of 202nd to 206th Streets. The proposed rezoning would also require that developers build a publicly accessible esplanade along the Harlem River. Local public officials seem supportive of the plan, but some call for more guarantees of affordable housing. The utility company Con Edison owes 30% of the land in Sherman Creek.

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Inwood Rezoning Would Allow High Rise Construction

The city has proposed rezoning the Inwood section of northern Manhattan to allow mixed-use, mid- and high-rise residential development along the neighborhood's long-neglected Harlem River waterfront.

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Furman Center for Real Estate and Urban Policy | NYU School of Law | 40 Washington Square South, Suite 314-H | New York, NY 10012 | 212-998-6713