Gamma says work will halt at Sutton Place condo tower after Council votes on rezoning

Work will grind to a halt at Gamma Real Estate’s Sutton Place condo tower now that the City Council has signed off on a rezoning that will limit the project’s scale. The City Council on Thursday voted nearly unanimously (one abstention) to rezone 10 blocks on the Upper East Side, marking an unusual — albeit potentially temporary — victory for a community-led rezoning application. The change requires properties in the area to adhere to “tower […]

Source: Real Estate

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