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News / 12.06.24 /Margaret D. Baisley

Court Declares Soho/Noho Arts Fund Contributions Unconstitutional

On December 5, 2024, the Appellate Division declared unconstitutional the portion of the recently amended Zoning Regulations that required payments to the SoHo-NoHo Arts Fund of $100 per square foot of loft area (with annual increases) to the City as a condition of allowing the conversion of lofts to legal residential occupancy. This decision reversed the 2023 decision …

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