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The poor already have affordable housing. It's called NYCHA. The people who really need affordable housing are the middle class. Last time I checked, thats what the mayor's plan is targeting. Maybe someone in his administration finally realized that it's not the poor who are getting priced out (NYCHA will never be dismantled,) its the middle class. You're always going to get people who complain, and this article is misleading. The mayor is addressing, or at least trying to address the housing crisis. We don't need thousands of units for people who make 20k, we need housing for those that make 40-60K. Of course, you can't really expect quality journalism from the Daily News.
What the Daily News article got correct is NYC needs more housing for persons who can afford to pay something close to market rates. Close to 60% of the rental housing in the City falls under various rent protections or subsidizes and look what that has gotten us? Developers won't build because it is just not profitable when rental market is basically controlled by local government.
Many including myself stated long ago what the City was up to; forcing landlords and by extension everyone else to subsidized below market renters with this *affordable* housing scheme. Problem is just as with Long Island College Hospital what de Boob ran his mouth about when running for office met with cold hard reality afterwards. That is developers and others are balking at covering a majority of housing costs for lower income households.
This *may* have worked under the old system were rental protections had sunset provisions. However now the City is forcing these units to be *permanently* affordable. That means just a vast expansion of rent stabilization and we all know how that worked out in terms of the overall rental market.
Article is also correct in that neither mayor de Boob, the City Council or any one else in the left/Democratic/liberal camp already knows; NYC will never be able to provide anywhere near the amount of "low income" housing required. Well not unless they build and run it themselves and that they cannot afford to do either.
What the Daily News article got correct is NYC needs more housing for persons who can afford to pay something close to market rates. Close to 60% of the rental housing in the City falls under various rent protections or subsidizes and look what that has gotten us? Developers won't build because it is just not profitable when rental market is basically controlled by local government.
Many including myself stated long ago what the City was up to; forcing landlords and by extension everyone else to subsidized below market renters with this *affordable* housing scheme. Problem is just as with Long Island College Hospital what de Boob ran his mouth about when running for office met with cold hard reality afterwards. That is developers and others are balking at covering a majority of housing costs for lower income households.
This *may* have worked under the old system were rental protections had sunset provisions. However now the City is forcing these units to be *permanently* affordable. That means just a vast expansion of rent stabilization and we all know how that worked out in terms of the overall rental market.
Article is also correct in that neither mayor de Boob, the City Council or any one else in the left/Democratic/liberal camp already knows; NYC will never be able to provide anywhere near the amount of "low income" housing required. Well not unless they build and run it themselves and that they cannot afford to do either.
The problem has more to do with zoning and transit than affordability. Change archaic zoning laws that severely limit FAR and height in almost every single neighborhood. Take my neighborhood, Astoria, for example. Large swaths of it allow for no more than a FAR of 1.5 or a height limit of 30 feet. Which is ridiculous, seeing as Astoria already has various apartment buildings far taller and little architecture of significance to protect. Over 80% of the city is either unavailable to developers because of zoning or severely limits what they can build. That lack of availability causes the huge surge is land prices we're seeing now. No one is advocating for a skyscraper on every block, but 10 story apartment buildings replacing 1/2 family homes would go a long way. Its an issue that NO politician will tackle, left or right, because it would mean upsetting single family home owners, a voting demographic that has huge voter turn out.
Of course, evening if zoning were to be addressed, then you're left to deal with with an overburdened transit system that neesd updating and expanding, both of which are political non-starters.
Like I said before. Housing, education and transportation needs of NYC must be addressed by the federal government. City and state do not have have enough money to counter housing problems. Billions of federal aide is needed for nyc.
Like I said before. Housing, education and transportation needs of NYC must be addressed by the federal government. City and state do not have have enough money to counter housing problems. Billions of federal aide is needed for nyc.
Agreed. The city and state can afford to pay for some expansion, proper expansion will need to be paid for by the federal government. Maybe if either Hillary or Trump become President they will hook NY up. That is what we need in order to get the money we need to upgrade the infrastructure, facilities, and services you mention.
Agreed. The city and state can afford to pay for some expansion, proper expansion will need to be paid for by the federal government. Maybe if either Hillary or Trump become President they will hook NY up. That is what we need in order to get the money we need to upgrade the infrastructure, facilities, and services you mention.
It's really up to Congress to pass money up to NYC. I remember watching cspan and Congress approved money for the mta. I had to laugh. If nyc wants to be a first class city? Someone has to piney up money. Either the feds? Tax the rich who are heavily tax breaked, tax the poor, tax the ones in the middle or tax the hell out of everyone to expand nyc, housing academic and transportation needs. Till then I'm going to sit back, watch some popcorn and laugh at folks complain about the mta or why laguardia sucks, why my Caleb has to go to a poor black school in Harlem, or why can't I find cheap rent in the south Bronx.
It's really up to Congress to pass money up to NYC. I remember watching cspan and Congress approved money for the mta. I had to laugh. If nyc wants to be a first class city? Someone has to piney up money. Either the feds? Tax the rich who are heavily tax breaked, tax the poor, tax the ones in the middle or tax the hell out of everyone to expand nyc, housing academic and transportation needs. Till then I'm going to sit back, watch some popcorn and laugh at folks complain about the mta or why laguardia sucks, why my Caleb has to go to a poor black school in Harlem, or why can't I find cheap rent in the south Bronx.
True. But the President signs the budget passed by Congress. Either Hillary or trump in office could have their allies fight for more appropriations for NYC.
Congressional budgets have a lot to do with all sorts of deals either Hillary or Trump could promise the right thing in order to get more Comgressional money steered to NYC.
Agreed. The city and state can afford to pay for some expansion, proper expansion will need to be paid for by the federal government. Maybe if either Hillary or Trump become President they will hook NY up. That is what we need in order to get the money we need to upgrade the infrastructure, facilities, and services you mention.
Excuse you?
As one responded the first time you rolled out this idea where do you get the idea it is the federal government's deal to cope with NYC's seemingly never ending problems? Most every other "world class" American city from Boston to San Francisco somehow has managed but New York is always this special case.
NYC has a budget surplus this and IIRC projected next year larger than some states total. More to the point New York City's and State's problems in terms of housing, education and so forth are largely of their own making. What one or both do not tax to death they also and or regulate in the same manner. Either way it creates winners and losers.
As one responded the first time you rolled out this idea where do you get the idea it is the federal government's deal to cope with NYC's seemingly never ending problems? Most every other "world class" American city from Boston to San Francisco somehow has managed but New York is always this special case.
NYC has a budget surplus this and IIRC projected next year larger than some states total. More to the point New York City's and State's problems in terms of housing, education and so forth are largely of their own making. What one or both do not tax to death they also and or regulate in the same manner. Either way it creates winners and losers.
Phase One of the Second Avenue Subway and the East Side Access have received considerable federal funding. The r160 order of cars, as well as hurricane preparedness upgrades to the subways got considerable federal funding. The city could spend every cent of its budget surplus and it still will not be enough to complete phases 2-4 of the Second Avenue subway. Much less build the Utica Avenue subway line de Blasio wants, the U.S. Government spends lots of money on propping up the governments of aied nations and even uses its military bases to protect allied nations, do if they can find the money to do that yes it is entirely the responsibility of the Feds to find transportation, infrastructure, housing, and education in NYC and other large cities.
how much money has been spent on middle eastern wars alone?
Speaking of big cites internationally in Eurole and Asia it's no big deal for the national government to step in and pay for mass transit internationally. Even our government is proposing the Gateway project to be built between NY and Nj and the Feds are saying they will pay for a huge part of it.
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