The program would also extend the Inclusionary Zoning Program within the rezoning area to include the neighboring Hells Kitchen community. The third element is to enhance the current preservation option to ensure that more existing units would be preserved in exchange for increased density.

The 40-year redevelopment plan calls for the creation of 13,600 new residential units with a total of 2,600 affordable units. This is an increase of 500 affordable housing units over the number that would have been generated by the Hudson Yards proposal certified in June. The plan involves the area from West 30th Street to West 43rd Street, and Seventh and Eighth avenues to 12th Avenue. It is bordered by Clinton to the north, Chelsea to the south, the Hudson River to the west and the Garment Center and Midtown to the east.

"The comprehensive Hudson Yards plan for a vibrant new neighborhood will secure New York City's economic future," says city planning director Amanda M. Burden.