FADR definition
FADR means the rights, as determined in accordance with the Zoning Resolution, which are appurtenant to a Zoning Lot, to develop such Zoning Lot by erecting thereon building(s), structure(s) or any other improvement with (i) a total floor area determined by multiplying the area of the Zoning Lot by the basic maximum allowable floor area ratio for such building(s), structure(s) or other improvement(s) in the zoning district or districts in which the Zoning Lot is located, including any floor area resulting from an Upzoning; (ii) the inclusion of any Bonus Development Rights; (iii) the inclusion of any Additional Development Rights; and (iv) the inclusion of any use, bulk, density and other development rights permitted under the Zoning Resolution and which may be authorized to be developed by any appropriate body or agency of the City of New York, including without limitation, to the extent applicable, the permitted number of dwelling units, the maximum “lot coverage,” and the minimum amount of “open space”.