If the Pfizer headquarters on East 42nd Street is redeveloped, it may get out of paying for some public improvements required under the Midtown East rezoning proposal. The building is a unique case under the City Planning Commission’s Midtown East rezoning proposal, which was released last month. The site currently has a different allowed floor area ratio (FAR) — 10 — than surrounding buildings, which have an FAR of 15. The proposal seeks to change … [more]