Inwood Rezoning Could Generate 4,300+ New Apartments
Draft Scope of Work for the Inwood Rezoning Proposal A map from the Draft Scope of Work indicating red projected development sites (most likely) and blue potential development sites (less likely) by the year 2032. The de Blasio administration predicts its proposed rezoning of Inwood will stimulate the creation of 4,348 new apartments by 2032, of which a portion would be rent-restricted under the city’s mandatory inclusionary housing policy , according to a city document released last Friday. The rezoning is also expected to create 1,135,032 square feet of commercial space, 472,685 square feet of community facility space , and result in a loss of 50,614 square feet of industrial space. To give a sense of the scale, there are more apartments anticipated in the East New York rezoning area , but fewer in the downtown Far Rockaway rezoning area . The document in question is the rezoning’s Draft Scope of Work, which describes the details of the proposal, projects the rezoning’s develop...