Whoever wins the presidency could have a huge impact on housing in New York City, from homelessness to homeownership, and private development to public housing.
City Planning officials will present details Thursday on the rezoning proposal to Brooklyn Community Board 6, after the city’s ULURP process was paused for several months during the pandemic.
Advocates say the amount the city would save from the cuts, a meager $30 million, is not worth the loss of jobs, housing units and economic growth which could come…
The plan includes new tenant protections, repurposing government-owned land and isolated manufacturing parcels for housing, and a rezoning to generate both market-rate and income-targeted apartments.
The recently passed budget shifted capital spending on housing to later years. But some in the housing world think good news from Washington could lead the city to change course.
The final fiscal 2021 spending plan staved off cuts to smaller housing programs, but retained a shift of roughly a billion dollars in capital spending on the mayor’s affordability plan.