This Monday, Eric Adams and his deputy Maria Torres-Springer unveiled a new housing plan that would allow for the construction of 100,000 homes over a 15-year period.
He declared If we do this right, New Yorkers will see this event for what it was before: a turning point, decades from now. Despite his claim that This is not tinkering around the edges, a closer examination reveals that the majority of the modifications are small-to-medium zoning changes that (he hopes) will mount up.
These changes are bites around the edges of a crisis that might consume the entire thing. He refers to his initiatives as an effort to create the "City of Yes," with the goal of removing administrative barriers to towering, extensive, and economically beneficial construction.
Long Overdue No-Brainers
Many of the improvements are long overdue no-brainers, but it will need some ingenuity to get them through. The absurd parking requirements for new construction that currently force developers to pay up to $67,500 per space for underground parking spots will be scrapped.
(Almost no one, including leftist vehicle haters and right-wing proponents of free markets) He suggests that zoning limitations on construction surrounding transit corridors be loosened. This would, for instance, permit large apartment buildings to be built close to the trailing ends of subway lines, which would facilitate the flow of residents into the city.
Large Structures With Inexpensive Housing
All of this is subject to ratification by the City Council and, consequently, to local neighborhood squabbles. Some parts of the plan will face much greater opposition than others.
Large structures with inexpensive housing frequently encounter opposition from wealthy neighbors who claim it's about conserving light and air but are really just anti-disadvantaged individuals. Similar to upzoning, which is frequently seen to increase traffic surrounding transit.