Grading De Blasio: In East New York, Mayor’s First Rezoned Neighborhood, Promises Fall Short
East New York was the first strike in the mayor’s lofty plan to create or preserve hundreds of thousands of affordable units throughout the five boroughs — a lynchpin of his 2013 campaign promise to reduce inequality and end New York’s “Tale of Two Cities.”
It's a long article but very eye opening.
https://gothamist.com/news/grading-d...7_rwoZ-pAL6uFs
The busy stretch of Atlantic Avenue along the border of Cypress Hills and East New York in Brooklyn used to be exclusively home to low-slung warehouses, auto body shops, vacant lots, checkered with a handful of residences.
Now, several large apartment complexes as tall as 14 stories jut up from the horizon, in various stages of completion. Recently demolished buildings have been cordoned off with construction fencing, primed for new residential towers with a mix market-rate and subsidized housing. The activity was born out of Mayor BIll de Blasio’s rezoning of Cypress Hills and East New York in 2016.
Five years after the de Blasio administration rezoned a 190-block swath of the two neighborhoods, just over 100 new units of below market-rate housing have opened so far to tenants. That’s out of a promised 1,200 apartments that were supposed to have broken ground by 2018, according to figures collected from community groups and confirmed by the city.
And the city made an even larger projection: the rezoned area would be a bustling reinvigorated neighborhood with 6,400 new apartments by 2030, half of which would be below-market rate. Five years on, it’s not clear if that will ever come to pass.