The New York City Council passed a major rezoning plan to build over 9,500 homes in Midtown South (MSMX) on Thursday, marking the first use of a landmark zoning law aimed at addressing New York City’s affordability crisis.
The Midtown South Mixed-Use (MSMX) plan allows residential construction in 42 blocks between West 23rd and 40th Streets and Fifth and Eighth Avenues. Over 2,800 homes would be rent-regulated affordable units.
