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Find the following article in the WSJ, from around 2015: Up in the Air: Development Rights of New York City Landmarks. You might also find

Find the following article in the WSJ, from around 2015: Up in the Air: Development Rights of New York City Landmarks. You might also find the following article useful: google jorgefontan.com nyc air rights (or similar). For the former you will need access to the WSJ, or use the library, the latter is and open webpage.

Working in groups of (up to) three answer the following questions

  1. [5] Summarize the WSJ article.
  2. [3] Why are air rights measured in sqft?
  3. [2] Distinguish between zoning lot mergers and transferable development rights. Which is in question in the WSJ article?

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