The City Council on Thursday passed Mayor Eric Adams’ controversial and ambitious plan to build 80,000 new housing units across the Big Apple over the next 15 years.
The initiative — known as “City of Yes” — was approved in a 31-20 vote after months of tense negotiations in City Hall as Hizzoner seeks to address the city’s housing and affordability crisis.
The new legislation — which includes a $5 billion investment to build tens of thousands of new dwellings — aims, in part, to add more homes in basements and above stores by adjusting a massive slate of zoning rules for the first time in decades.
The new legislation — which includes a $5 billion investment to build tens of thousands of new dwellings — aims, in part, to add more homes in basements and above stores by adjusting a massive slate of zoning rules for the first time in decades.
Still, more than a dozen council members attempted to veto the plan — arguing their districts didn’t have the infrastructure to support such population growth and fears from locals that the “character of their neighborhoods” would change. Queens councilman Bob Holden, also a Democrat, added that the plan is “a developer’s dream and a neighborhood’s nightmare.” You can read more here.
“Today is a historic day in New York City, but, more importantly, for working-class New Yorkers. We showed the nation that the government can still be bold and brave by passing the most pro-housing piece of legislation in city history,” Adams said after the vote.
Warm regards, Stacey Froelich
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