Mamdani’s housing plan picks winners and losers
Mayor Zohran Mamdani’s long-awaited housing agenda landed Tuesday with something for nearly every corner of the city’s real estate world. But not everyone walked away happy. The mayor’s 112-page “Block by Block” plan aims to build 200,000 affordable housing units and preserve another 200,000 over the next decade, pairing aggressive development goals with an equally aggressive crackdown on distressed housing and negligent landlords. The blueprint leans heavily on zoning reform, public financing and expanded intervention in troubled properties, signaling a City Hall willing to both court developers and police them more aggressively. Private developers emerged as one of the clearest […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Latest Architects’ Survey Shares What’s Hot And Not In
American Homes
The Three Operational Investments That Actually Move Renewal
Rates
What To Know About Each Stage Of A Commercial Real Estate
Deal
Why Luxury Retail Is Shifting To Smaller Stores, Bigger
Flagships
Biologique Recherche Debuts A New Architectural Concept At
Its SoHo Location
Lender wins foreclosure sale for Mike Kohan’s Garment
District office building
Judge halts initial pied-à-terre tax rollout, orders
do-over
Housing Notes: Sinking sales at the
Sherry-Netherland
Long Island’s Oheka Castle hitting auction block after
foreclosure
AG James settles first case in de facto rent stabilization
sweep
