Mayor Bill de Blasio at his August 5 Press Conference Image Credit: Mayor’s Press Office

Mayor’s affordable housing announcement appears more retrospective than optimistic. On August 5, 2020, The Mayor’s Press Office released a statement touting the amount of affordable housing created in fiscal year 2020. The announcement states that the City preserved 23,520 homes and constructed 6,503 new units, totaling 30,023 affordable City financed homes. More than 50 percent of these homes serve families earning less than $52,000 and 3,600 people received voucher increases to ameliorate income lost from the COVID-19 pandemic.

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The New NYC Housing Connect Image Credit: HPD

NYC Housing Connect tool intends to make affordable housing searches a more user-friendly experience. On June 16, 2020, New York City Mayor Bill de Blasio announced the launch of “NYC Housing Connect,” an online tool for finding and applying for affordable housing. The new system provides upgrades from its predecessor through a collaborative effort by the Department of Housing Preservation and Development, user-design experts and collected public feedback.

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Co-Op City, Bronx. Image Credit: NYC HPD

The City has now produced more than 164,000 units or more than 50 percent of the Mayor’s Housing plan to create 300,000 affordable homes by 2026. On April 3, 2020, Housing Preservation and Development announced the preservation of 16,083 affordable homes for New Yorkers. (more…)

Comptroller Stringer announces plan to address City’s growing affordable housing crisis. Image Credit: Susan Watts/Office of New York City Comptroller

Universal Affordable Housing would require 25 percent permanently low-income affordable housing in all new development with ten or more units. On January 29, 2020, New York City Comptroller Scott M. Stringer announced a citywide housing strategy to fundamentally realign the City’s approach to the housing crisis. The strategy, coined Housing We Need, will include a universal requirement for 25 percent permanently low-income affordable housing in all as-of-right developments with at least ten units. (more…)

90 Sands Street Building/Image Credit: Breaking Ground/CPC

The conversion of the former Watchtower hotel will bring 508 residential units to DUMBO, Brooklyn. On February 19, 2020, the City Planning Commission approved an application to rezone a block in DUMBO, Brooklyn from a light manufacturing district to a mixed-use residential and commercial district. The block is bounded by High Street to the north, Sands Street to the south, Jay Street to the east, and Pearl Street to the west. The rezoning would facilitate the conversion of a 29-story former hotel building at 90 Sands Street to a mixed-use residential, commercial, and community facility building. The applicant does not have plans to demolish the existing building or make changes to the building’s height or bulk. The applicant only plans to convert the existing hotel rooms into apartment units. After conversion, the building will have a total of 415 studios and 93 one-bedroom units.

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