Can Mayor de Blasio achieve mandatory AND permanent affordable housing?

New York City Mayor de Blasio and the City Council have big plans to overhaul the city’s affordable housing laws. Under New York’s current inclusionary zoning plan, developers voluntarily include affordable housing in rezoned buildings (buildings that are taller or larger than is allowed under zoning law) in exchange for certain tax breaks and incentives. This is […]

NYC sees historical high in new and preserved affordable housing units 

Despite his scuffles with Governor Cuomo as well as housing advocates (and protestors), New York City’s Mayor de Blasio’s housing policies helped construct almost 8,500 new units for low- and middle-income city residents over the past fiscal year. Additionally, more than 11,000 units were preserved, resulting in over 20,000 affordable units throughout the city. Unlike […]