Independent study by Tia Azzi

View report
View Powerpoint
View StoryMap

Transfer of Development Rights (TDR) transactions are a monumental tool for landmark preservation and growth management. Transfer of Development Rights (TDR) can be an impactful intervention for both creating and sustaining transit-oriented communities (TOCs) by deliberately directing growth toward transit-rich areas. In a Transit-Oriented Community (TOC) framework, Transfer of Development Rights programs can allow unused development potential from preservation areas, also referred to as “sending areas”, to be transferred to “receiving areas” located near rail stations or high-frequency transit corridors.

As a market-based approach, TDRs can redirect density to areas with the strongest transit access, thereby increasing ridership and expanding and reinforcing walkable, mixed-use centers. New York City uses Transfer of
Development Rights to support existing transit infrastructure through vertical growth, density, and measurable urban form interventions that enhance its skyline. The Transfer of Development Rights from Saint Patrick’s Cathedral and Saint Bartholomew’s Church to 350 Park Avenue is an example in New York City that showcases how landmark sites can be preserved while still benefiting from their development potential. Essentially, this paper seeks to assess whether Transfer of Development Rights can effectively align landmark and historic preservation with transit-oriented growth..

Instructor: Barbara Faga