The Real Deal New York

Community Board 7 votes in favor of restricting retail size on UWS

March 07, 2012 11:30AM

  • Print

The Upper West Side’s Community Board 7 voted 37 to 0, with some abstentions, to limit the size of storefronts in the neighborhood last night, Crain’s reported.

The rezoning will apply to Columbus Avenue between 72nd and 87th streets, and Amsterdam Avenue and Broadway, between 72nd and 110th streets. New retail leases will be limited to 40 feet of frontage and banks will be limited to 25 feet of frontage.

Dissent among brokers, landlords and some business improvement districts continued. “There is a great possibility of unintended consequences and not much at all to gain from imposing this,” said Barbara Adler, executive director of the Columbus Avenue business improvement district. [Crain's]

Loading...
CloseFor NYC real estate updates provide email below