ABSTRACT

“The Conde Nast Building (in New York City) contains 1.6 million square feet of floor space and sits on one acre of land. If you divided it into 48 one story suburban office buildings, each averaging thirty-three thousand square feet, and spread those one-story buildings around the countryside, and then added parkland and some green space around each one, you’d end up consuming at least 150 acres of land. And then you’d have to provide infrastructure, the highways and everything else.” Like many other buildings in Manhattan, 4 Times Square doesn’t even have a parking lot, because the vast majority of the 6,000 people who work inside don’t need one. In most parts of the country, big parking lots are not only necessary but are required by law. If my town’s zoning regulations applied to Manhattan, 4 Times Square would have 16,000 parking spaces.”