CITY VIEWS: OPINIONS and ANALYSIS

Opinion: Forget 421a—New York Needs Radical Reform to Solve Housing Crisis

By John Choe and Marty Rowland | June 1, 2022

” We propose a new hybrid financing model that would combine a land value tax (LVT) and community land trusts (CLTs) to address New York’s changing fiscal environment as well as the housing needs of working families.”