Adi Talwar
One of the site adjacent to the rezoning area that is controlled by the EDC.
In areas affected by the looming Bay Street rezoning, advocates are pushing the city to include more housing in some areas, and more open space in others.
A year into NextGeneration NYCHA, earlier fears the revenue would fall short appear to have been unfounded. But the authority’s budget gaps remain large.
Unlike other neighborhoods slated for a rezoning, the city’s Economic Development Corporation is taking the lead in planning a new future for this chunk on northern Manhattan.
It’s been the city’s practice for two decades to sell property-tax debts to a private trust, generating revenue for the city and for investors—but, advocates say, hurting low-income homeowners.
City and state officials say they are doing all they can to preserve a critical affordable housing resource. Some tenants think more action is possible, like requiring coop boards to be more transparent.
The de Blasio administration has shown openness to community land trusts but organizations, not the city, are taking the boldest steps toward trying what backers say offers the best chance to achieve permanently affordable housing at scale.
The administration says it will use subsidies, not zoning, to serve New Yorkers with extremely low incomes. But with all the costs and tradeoffs that entails, how many deeply affordable units is the city likely to produce?
That plan for Flushing mapped out by a business group later accused of unethical activity—did that merely set the stage or does it call the tune for the pending city proposal?
When the Rent Guidelines Board approved a 0 percent hike last year, landlords warned of impending disaster.
As housing justice advocates across the city review the outcomes in East New York, many say the results attest to the power of community organizing, especially when stakeholders put forth detailed policy alternatives.
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