air rights

Vertical property entitlement

Air rights are property rights to the space above a piece of land.

In urban real estate, air rights can be sold or transferred separately from the land itself, allowing developers to build upward: The church sold its air rights to the neighboring skyscraper.

Air rights become valuable where land is scarce and zoning permits tall buildings.

development

high-rise

Multistory tall building

tower · construction · developer · mixed-use · condominium · office tower · platform · deck · Grand Central Terminal · assemblage

legal

easement

Limited land-use privilege

title · ownership · covenant · servitude · lien · statute · ordinance · litigation · injunction · eminent domain

urban

skyline

Urban profile against atmosphere

urban canyon · density · podium · cantilever · Manhattan · Hong Kong · megastructure · transit hub

zoning

height restrictions

Limits on vertical dimension

rezoning · special permit · zoning board · nonconforming use · inclusionary zoning

aviation

flight path

Planned aerial trajectory

no-fly zone · helipad · antenna · flight safety

Categories
Opposites
vertical property stratum

air rightsmineral rights

Claim to underground resources

water rights

tangibility of property interest

air rightsland

Earth's solid surface

ground · terra firma · soil · real property · parcel

property right tangibility

air rightsland

Earth's solid surface

real property · ground lease · improvements · structures

Family

air, rights, airspace

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Used worldwide · Timeless · Abstract · Rated G