M1-4/R8A (MX-2) from M3-1 and M1-2
Ten full or partial blocks, along the Jay Street corridor would be rezoned to an M1-4/R8A mixed-use district. This area is generally bounded by Adams Street to the west, John Street and the East River to the north, Front Street to the south, and the properties along the east side of Jay Street to the east. Buildings with large floor plates that rise without setback to their maximum height are the predominant development on of these blocks.
The proposed M1-4/R8A mixed use district would allow residential and community facility uses within Use Groups 1-4, and commercial and manufacturing uses within Use Groups 5-15 and 17. The proposed M1-4/R8A district requires new buildings to have a street wall height of 60 to 85 feet and a maximum building height of 120 feet.
In conjunction with the related zoning text amendment to extend the Inclusionary Housing program to the proposed M1-4/R8A district, residential developments would have a maximum base FAR of 5.4 which could be increased to 7.2 FAR with the provision of affordable housing. Manufacturing and commercial uses would retain their current limit of 2.0 FAR, and community facility uses would have an FAR limit of 6.5. The contextual height limits established by the M1-4/R8A district would apply to all new development.
Proposed M1-4/R7A (MX-2) from M3-1 and M1-2
Five partial blocks along the Bridge Street corridor are proposed to be rezoned to an M1-4/R7A mixed-use district. This area extends east of the proposed R8A district, and is generally bounded by John Street to the north, the properties on the east side of Bridge Street, and Front Street to the south. This corridor is characterized by five to seven story lofts buildings that rise without setback.
The proposed M1-4/R7A mixed use district would also allow residential and community facility uses within Use Groups 1-4, and commercial and manufacturing uses within Use Groups 5-15 and 17. The proposed M1-4/R8A district requires new buildings to have a street wall height of 60 to 85 feet and a maximum building height of 120 feet.
In conjunction with the related zoning text amendment to extend the Inclusionary Housing program to the proposed M1-4/R7A district, residential developments would have a maximum base FAR of 3.45 which could be increased to 4.6 FAR with the provision of affordable housing. Manufacturing and commercial uses would retain their current limit of 2.0 FAR, and community facility uses would have an FAR limit of 4.0. The contextual height limits established by the M1-4/R7A district would apply to all new development.
ZONING TEXT AMENDMENTS
Inclusionary Housing Program
The related zoning text amendment will make the Inclusionary Housing Program applicable in the proposed M1-4/R7A and M1-4/R8A districts within the rezoning area establishing incentives for the creation and preservation of affordable housing in conjunction with the development in the area.
Under the Inclusionary Housing program, developments providing affordable housing are eligible for a floor area bonus, within contextual height and bulk regulations tailored to this area. Affordable units can be provided either on the same site as the development earning the bonus, or off-site either through new construction or preservation of existing affordable units. Off-site affordable units must be located within the same community district or within a half-mile of the bonused development. Available City, State, and Federal housing finance programs may be used to finance affordable units. The combination of a zoning bonus with housing programs would establish an incentive for the development and preservation of affordable housing in DUMBO.
MX-2, DUMBO
The related zoning text amendment will also change the name reference to the location of the Special Mixed Use District 2 (MX-2) from Fulton Ferry to DUMBO to more accurately reflect the name of the area.