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Limitations on Generation of Floor Area Compensation.

28 RCNY § 41-25
in effect
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§ 41-25 Limitations on Generation of Floor Area Compensation. For New Construction Affordable Housing, Assisted Affordable Units shall not generate any Floor Area Compensation for any Compensated Development other than (a) a Compensated Development on the zoning lot on which such Assisted Affordable Units are located, or (b) a Compensated Development on a development site on which such Assisted Affordable Units are located where such development site includes two or more zoning lots that were reviewed and approved as a single unit pursuant to the Zoning Resolution. (Added City Record 9/13/2017, eff. 10/13/2017)
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCrules/0-0-0-102394Fetched: 10/24/2026

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41-25 | Corpus