Brooklyn state Sen. Zellnor Myrie, one in every of a number of Democrats difficult Eric Adams in subsequent 12 months’s mayoral election, rolled out a coverage blueprint Tuesday to construct and protect 1 million properties within the metropolis over the following decade — pushing previous an already formidable manufacturing aim set by Mayor Adams.
Myrie’s plan, dubbed “Rebuild NYC,” proposes attaining the 1 million goal by 2036 by way of 9 initiatives that might require enter from a wide range of stakeholders, together with the Metropolis Council. Of the 1 million, 700,000 can be model new models, whereas the remaining 300,000 can be already present properties that’d be preserved because of applications specified by the plan.
Probably the most formidable planks in Myrie’s blueprint would set up new neighborhoods on “underutilized land” throughout the town, an effort the plan estimates would create 85,000 new properties over a decade. One other proposal is to create 85,000 new mixed-income flats in Midtown Manhattan over the identical span by enacting zoning modifications to extend the density allowed on websites at the moment accommodating residential towers.
A 3rd proposal would redirect metropolis funding at the moment getting used to construct shelters and as a substitute pump it into establishing 50,000 new properties.
The plan is partially mild on particulars, together with not figuring out any new websites that may very well be became the brand new neighborhoods envisioned by Myrie.
Nonetheless, Myrie mentioned he’s unveiling the plan now — about seven months earlier than June’s Democratic mayoral major — to make it the cornerstone of his marketing campaign to unseat Adams.
“This is what New Yorkers want, and we are banking on having a mandate from New York City voters that they want us to do it quickly,” mentioned Myrie, who represents a bit of Brooklyn within the state Senate that features Crown Heights. “We want to build a political mandate for the city to build housing and preserve housing, and this is going tor require us to marshal every resource at our disposal at City Hall, and that’s going to have to happen on Day 1, and that’s not what has happened under this administration.”
A spokesman for Adams’ marketing campaign didn’t instantly return a request for remark.
Adams introduced in 2022 his administration will work to create 500,000 new housing models by 2032. The Metropolis of Sure plan, which proposes overhauling varied metropolis zoning guidelines to spice up housing manufacturing, has been a key element of that aim, and the Council is anticipated to cross it on Thursday.
The give attention to housing manufacturing comes as common rents within the metropolis stay nicely above pre-pandemic ranges. Consultants say hovering rents are the results of a dearth of housing, with information displaying the town’s emptiness price — the variety of flats open for brand spanking new tenants — is at simply 1.4%, the bottom because the Nineteen Sixties.
Initially Revealed: December 3, 2024 at 1:18 PM EST
