The Real Deal New York

This month in real estate history: City OKs apartments in commercial towers

April 10, 2015 04:15PM
By Adam Pincus

Mayor John Lindsay

Mayor John Lindsay

From the April issue: In an effort to keep homes in parts of Manhattan that were increasingly being dominated by office towers, the city approved a key zoning change 45 years ago this month.

The change allowed, for the first time, commercial skyscrapers to include residential space above the office portion of the buildings. [more]