What Are Air Rights?

Rachel Butt
The Refresh
Published in
1 min readNov 22, 2015

With land so scarce and condo values so high, developers are increasingly looking to the sky. Air rights, also known as transferable development rights, allow developers to stack on additional floors from a neighboring building. Here is how it works.

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Rachel Butt
The Refresh

New York-based business journalist who’s previously written for Bloomberg News, The News & Observer, and SCMP. Big fan of boxing, cats and crime novels.