Floor Area Vs Residential Floor Area
Definitions of gfa including which areas are to be counted towards it and which areas aren t vary around the world.
Floor area vs residential floor area. Floor area ratio far is the ratio of a building s total floor area gross floor area to the size of the piece of land upon which it is built. To figure out far you take the total square feet of all the floors on a building and divide that by the total square feet of the lot. Adding to this confusion is the practice among some developers to use gross leasable area gla and gfa interchangeably or to use. Areas under projections intended for use and occupancy shall be included as floor area in accordance with the guidelines below.
Gross floor area gfa in real estate is the total floor area inside the building envelope including the external walls and excluding the roof. It is often used as one of the regulations in city planning along with the building to land ratio. For hillside areas only the issues of parking subterranean spaces and the building code requirements for light and air would be added to the definition. The nfa of common property in our building is 40 of the gfa.
The floor area ratio is the deciding factor in finding out the maximum buildable floor area. The floor area ratios are set forth by nyc planning in the zoning resolution zoning code. Far is the reason why buildings with the same size lot but in different zoning districts can be drastically different in size. The net floor area nfa of the private units in a residential condo building is typically 60 of the gross floor area gfa.
Including the yard up to the boundaries of the lot. Note that the floor area also includes garage built. The floor area within the inside perimeter of the exterior walls of the building under consideration exclusive of vent shafts and courts without deduction for corridors stairways closets the. 12 03 or 12 21 1 a 5 architectural projections not intended for regular use or occupancy shall not be counted as floor area.
When applying either sec. For accurate benchmarking purposes nfa must be calculated using a consistent methodology. As a formula far gross floor area area of the plot. The terms can also refer to limits imposed on such a ratio through zoning.
The bmo created a new residential floor area definition which is a method of calculating floor area specifically crafted for residential development. Included as floor area. The far accounts for 100 of the floor area of a building not just its footprint.