This office lease form describes provisions for using the area with respect to each office floor, mean the area within the exterior walls of the Building and, in the case of the lobby floor, the area within the demising walls of areas rented or to be rented which is considered floor area .
New York Provision Using Floor Area as the Measurement Standard for Midtown Manhattan Modern Office Towers
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How to fill out Provision Using Floor Area As The Measurement Standard For Midtown Manhattan Modern Office Towers?
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FAQ
GROSS FLOOR AREA: Gross floor area is the total number of square feet measured between the exterior surfaces of the enclosing fixed walls.
New York City is divided into three basic zoning districts: Residence (R), Commercial (C) and Manufacturing (M). The three basic districts are further sub-divided to allow for a wide range of building forms and uses. Zoning districts are assigned a letter and number.
Each zoning district has an FAR which, when multiplied by the lot area of the zoning lot, produces the maximum amount of floor area allowable on that zoning lot. For example, on a 10,000 square foot zoning lot in a district with a maximum FAR of 1.0, the floor area on the zoning lot cannot exceed 10,000 square feet. Glossary of Zoning Terms - DCP - NYC.gov nyc.gov ? site ? planning ? zoning ? glossary nyc.gov ? site ? planning ? zoning ? glossary
Update on August 25, 2023 For residential houses, the 1.5 m-wide balcony will no longer be part of Floor Area Ratio. The Floor Area Ratio for industrial plots has been increased from 1.5 to 2. For electronics manufacturing, it has increased from 1.5 to 3.
Floor area ratio (FAR) is the measurement of a building's floor area in relation to the size of the lot/parcel that the building is located on. FAR is expressed as a decimal number, and is derived by dividing the total area of the building by the total area of the parcel (building area ÷ lot area).
