What are air rights used for?


Last Update 4 months ago

Air rights serve multiple purposes and play a pivotal role in urban development. Air rights can be actively traded, transferred and leveraged through SkyTrade to facilitate vertical construction, enabling increased square footage for buildings in various locations with development rights attached. They are bought, sold and rented to preserve unobstructed views. The necessity of air rights is compounded by low-altitude drone operations, which rely on unobstructed pathways so they can travel without legal issues and scale their businesses. Air rights can often be used by speculators to improve the returns of their investment portfolios.

Air rights are claimed and used by holders who seek influence over how their aerial assets are utilized, reflecting a nuanced intersection of property, regulatory and legal dynamics.

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