Adi Talwar
Storefronts in SoHo
Five weeks after the local community board rejected the city’s application to rezone a 56-block stretch of the two wealthy neighborhoods, Brewer said the current plan leaves many issues unresolved—though she hasn’t ruled out backing a revised plan.
New Yorkers who withstood the flooding inside their basement apartments—often unauthorized conversions that do not meet city safety standards—now face new hardships and fears, like dangerous mold, future flooding, and the abrupt loss of housing.
The economic case for investing in the Gateway Program is crystal clear. If we build, we would create over 70,000 jobs and generate over $19 billion in economic benefits. If we do not build, we would cost the economy $16 billion, $7 billion in lost tax revenue, and a loss of nearly $23 billion in lost property value.’
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