The Midtown East rezoning was shot down by City Council earlier this fall, but the proposal, which aimed to boost the area around Grand Central with bigger, taller buildings, will likely see new life with the de Blasio administration. SL Green, an active developer in the neighborhood, believes that a new plan will be put forth. The company president told investors that the mayor-elect has already pledged his support for SL Green' One Vanderbilt tower, which hinged on the rezoning. [Crain's; previously]
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