air rights
English
Noun
- The right to build over an existing property.
- 2019 June 1, Oliver Wainwright, “Super-tall, super-skinny, super-expensive: the ‘pencil towers’ of New York’s super-rich”, in Katharine Viner, editor, The Guardian, London: Guardian News & Media, →ISSN, →OCLC, archived from the original on 5 October 2020:
- In the 1970s, Donald Trump paid $5m for the air rights above the landmarked Tiffany building on Fifth Avenue, which, along with various other deals, allowed him to inflate what would have been a 20-storey building into the 58-storey Trump Tower.
- The right to fly an aircraft over a certain territory.
Translations
right to build over an existing property
|
right to fly over a certain territory
|
References
- OED 2006
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.