NewsJan 16, 20260 views
New York City Air Rights: Why Owners and Developers Value Them So Differently
In New York City, air rights are one of the few tools that add meaningful density without the need to acquire new land. They’re widely misunderstood because owners and developers value the same floor area ratio (FAR) in fundamentally different ways. For property owners, air rights are a dormant bala
In New York City, air rights are one of the few tools that add meaningful density without the need to acquire new land. They’re widely misunderstood because owners and developers value the same floor area ratio (FAR) in fundamentally different ways. For property owners, air rights are a dormant balance sheet asset. For luxury developers, […]
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