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Floor Area ratio is sometimes called floor space ratio (FSR), floor space index (FSI), site ratio or plot ratio. The difference between FAR and FSI is that the first is a ratio, while the latter is an index. Index numbers are values expressed as a percentage of a single base figure. Thus an FAR of 1.5 is translated as an FSI of 150%.
In architecture, construction, and real estate, floor area, floor space, or floorspace is the area (measured in square metres or square feet) taken up by a building or part of it. The ways of defining "floor area" depend on what factors of the building should or should not be included, such as external walls, internal walls, corridors, lift ...
Zoning for residential use may permit some services or work opportunities or may totally exclude business and industry. It may permit high density land use or only permit low density uses. Residential zoning usually includes a smaller FAR (floor area ratio) than business, commercial or industrial/manufacturing zoning. The area may be large or ...
For example, some cities permit commerce and multi-story apartment buildings only within one block of train stations and multilane boulevards, and accept single-family dwellings and parks farther away. Floor area ratio is often used to measure density. This is the floor area of buildings divided by the land area. Ratios below 1.5 are low density.
The New York City Department of City Planning passed the 1961 Zoning Resolution in October 1960, [7] and the new zoning rules became effective in December 1961, superseding the 1916 Zoning Resolution. [8] The new zoning solution used the Floor Area Ratio (FAR) regulation instead of setback rules. A building's maximum floor area is regulated ...
Cher unveiled her two-part memoir in July. At the time, teased that the first installment would follow "her extraordinary beginnings through childhood to meeting and marrying Sonny Bono — and ...
As an example, an old, run-down, single family home on a typical lot in Washington, DC, would sell for about $1 million, but if it were legal for a developer to build a three-story, six unit condominium building on that lot, those units would sell for about $600,000; which is 40% less per unit and 500% more units.
President-elect Donald Trump’s surprising and historic return to the White House in January 2025 will bring questions as to how the real estate mogul’s second administration will reshape the ...