Citywide bonus mechanism for transit-improvement contributions. Article III Chapter 7. Earned by developments that fund subway entrance / station upgrades.
IBC
Improvement Bonus Certificate
NYC Zoning Program
Improvement Bonus Certificate (IBC)
Improvement Bonus Certificate is a New York City zoning program known by the abbreviation IBC. Citywide bonus mechanism for transit-improvement contributions. Article III Chapter 7. Earned by developments that fund subway entrance / station upgrades.
Quick Facts
- Abbreviation
- IBC
- Key sections
- 2
- Related programs
- 0
What does IBC do?
Which ZR sections govern IBC?
2 key sections cover this program.
Frequently Asked
What is Improvement Bonus Certificate (IBC)?
Improvement Bonus Certificate (IBC) is a New York City zoning program. Citywide bonus mechanism for transit-improvement contributions. Article III Chapter 7. Earned by developments that fund subway entrance / station upgrades.
Which Zoning Resolution sections govern IBC?
Improvement Bonus Certificate is governed by §66-51, §37-40 of the New York City Zoning Resolution. Each section provides specific rules, eligibility, and limits.
How does IBC relate to other NYC zoning programs?
IBC operates as a standalone program in the NYC Zoning Resolution.
Building under IBC?
Ask Zonable about eligibility, FAR bonuses, and recent cases.