(Economic) Heart Trouble

More than 30 years after its last major zoning change, the economic heart of New York City merits a checkup. According to City planners, the prognosis for East Midtown is not good: an aging office stock, a congested pedestrian network, global competition, and the lack of new office development threaten to undermine the economic competitiveness of the City. The cure, proposed by the Bloomberg Administration, is a rezoning of 78 blocks of … <Read More>