Over the decades, supporters of the bill have faced questions about its legality and economic impact, and it has generated strong opposition from the real-estate lobby.
The outreach effort precedes a likely rezoning push expected late next year.
We asked readers to talk to us via text messaging about their opinions on the proposal some officials and candidates have made to expand rent stabilization throughout New York State.
The activist turned developer pitched a community land trust based not around collective ownership of affordable housing but private owners with deep roots in gentrifying areas. Not everyone loved the idea.
The plan calls for the environmental review to include ‘alternate methods for predicting secondary displacement.’
The plan would rezone the southern part of the island for private mixed-use development in the hopes of attracting academic institutions as well as life sciences, media and technology companies.
‘Despite community groups vocalizing concerns and despite quantifying large numbers of vulnerable residents, recent Environmental Impact Statements have concluded that rezonings will not displace residents at a significant level.’
According to residents, developers are not waiting for the city’s study or the possible city-sponsored rezoning and are avoiding the community by going through spot rezonings.
Almost lost in the drama of the Council’s final votes on the Inwood rezoning was one member’s vow not to negotiate any more changes to the zoning map until the city committed to study the effect of revisions so far.
Bitterly opposed by many neighborhood residents, the rezoning passed the Council with a single no vote.