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Council Discourse

NYC Council meetings, chaptered and linked by time.

Independent project. Not affiliated with the New York City Council.

Created by Uzair Qadir

Inspired by Vikram Oberoi's City Meetings

Q&A

Wilson asks whether developers are interested in receiving sites

New York City Council · Oct 20, 2026 · starts 0:24:24 · 24 sec

Wilson asks whether Roundabout has discussed transferring development rights and whether developers are interested. Rosenthal says it has been hard to sell something they do not yet have and that passing the text amendment would let them market the bonus floor area.

Carl Wilson

Have you begun discussing the transfer of development rights to potential receiving sites?

Carl Wilson

And are there developers interested in purchasing your potential bonus floor area?

Carol E. Rosenthal

You know, we've been hamstrung.

Carol E. Rosenthal

It's hard to sell something that you don't have.

Carol E. Rosenthal

So we have been working hard to get this text passed through and then to be able to say to people, now we have something that we can sell to you.