LU 162 - Zoning, 401 Hotel REIT, LLC and 401 Commercial, L.P. (C100050ZSM)

Resolution approving the decision of the City Planning Commission on ULURP No. C 100050 ZSM (L.U. No. 162), for the grant of a special permit pursuant to Sections 81-541 and 74-634 of the Zoning Resolution of the City of New York to allow a floor area bonus not to exceed 20 percent of the basic maximum floor area ratio permitted by the underlying district regulations for subway station and/or rail mass transit facility improvements, in connection with a proposed commercial development on property located at 15 Penn Plaza (Block 808, Lots 40, 1001 and 1002) in a C6-6 District, within the Special Midtown District (partially within the Penn Center Subdistrict, Borough of Manhattan.