Within the framework of the limitations set forth in this section, §
190-16F of Chapter
190, Subdivision of Land, and § 7-738 of the Village Law, the Planning Board shall establish, on a case-by-case basis, the appropriate modifications of lots, bulk and parking requirements which said Board has determined are necessary or appropriate to properly accomplish the purposes and intent set forth in Subsection
A, and, where applicable, one or more of the specified objectives set forth in §
190-16F of Chapter
190, Subdivision of Land, consistent with the protection of private property values and the preservation of the character of land and buildings on neighboring sites.