Mayor Adams’ ‘City of Yes’ housing proposal includes a 20 percent density bonus for developers—if the additional units are income-restricted. While City Hall has yet to finalize exact affordability levels,…
“Area Median Income plays an integral role in determining affordability. But communities across the five boroughs faced with potential affordable housing development routinely ask, ‘affordable for whom?’ as lower-income communities…
The vote marks the first major milestone in the city land use process for the proposed $2 billion project, known as “Innovation QNS,” which would erect at least a dozen…